Given Scotland’s national housing crisis, more needs to be done to fast track planning and new Local Development Plans amid an "alarming" drop in housing completions and new planning consents, says Savills. An uptick in new build sales across Scotland is hastening the demand for residential de
Savills
Talented surveyors from Scotland are in the running for the RICS Matrics Surveyor Awards 2024, having been shortlisted for demonstrating excellence early in their careers. The RICS Matrics Surveyor Awards, formerly Young Surveyor of the Year Awards, are back for their 11th year to showcase the excep
A total of £300 billion is needed to deliver the additional million homes in the Private Rented Sector (PRS) required to meet the future household growth requirements by 2031, Savills has warned. According to the real estate advisor's latest report on the UK Build to Rent (BtR) secto
Scotland's residential development market has seen a positive first half of the year, with a significant increase in viewings and reservations, according to Savills.
Energy infrastructure company Smart Metering Systems (SMS) has renewed its lease at 48 St Vincent Street in Glasgow, advised by Ryden's office agency team. The decision follows an extensive search for alternative office premises and detailed negotiations, culminating in SMS's commitment to rema
Lender and investor sentiment has improved compared to 12 months ago, Savills revealed at its 36th Financing Property presentation.
Glasgow has the largest imbalance between supply and demand for purpose-built student accommodation (PBSA) in the UK, requiring 22,000 additional beds in order to fulfil requirements, according to Savills. Edinburgh is also experiencing a considerable shortfall needing an additional 17,000 beds to c
The Scottish Government has announced that it will be easing permitted development rights (PDRs) for rooftop solar.
Both Edinburgh and Glasgow have moved up the rankings of the world's most resilient cities, placing 36th and 45th respectively out of a list of 490 cities worldwide.
International real estate advisor Savills has announced 15 promotions across its Scottish business. The promotions will see four people move up to director level, two become associate directors, eight take on the role of associate and one person promoted to senior staff.
An extensive mixed-use development site at the gateway to west Edinburgh at Maybury has been purchased by sustainable regeneration specialist Summix. In a deal brokered by Savills for the sellers Saica, with Scarlett Land and Development Ltd acting for the purchasers, the prime 15.5-acre residential
The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq
The time required for Build-to-Rent (BtR) planning applications to be determined has significantly increased over the past decade, with 40% of sites achieving detailed planning permission last year taking at least a year to do so, according to the British Property Federation (BPF). Analysis conducte
Take-up of office space in Edinburgh hit 649,000 sq ft in 2023, just 0.9% below 2022’s figure, according to real estate expert Savills. Despite this minor fall, it remains 0.5% higher than the five-year average for the city, as more occupiers get to grips with what they both need and want from
Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales. This compares to -17% drop in prime UK regio