Savills plc has reported a pre-tax profit of £50.4 million and revenue of just over £1 billion in its interim results. Pre-tax profit has dropped 20% from £63.3m to £50.4m (first six months ending 30 June). Revenue has grown by 11% to £1,037.4m from £932.6m f
Savills
Jamie Kelman has joined Savills as an associate in its Earth and Infrastructure teams. Based in Savills' Edinburgh office, Jamie will advise landowners, developers and investors on site identification, project structuring and the negotiation of commercial terms in connection with solar, hydro, wind
Savills has continued to expand its engineering & design consultancy team with the appointment of directors in the firm’s property management division. David Murray joins Savills' Glasgow office from Pick Everard, where he was the M&E director for Scotland and has significant experienc
A luxurious St Andrews property worth £3 million has been listed for sale just in time for the start of the Golf Open, which makes a return to the Old Course for its 150th anniversary.
The rising cost of debt finance and the impact on appetite to buy were top of the agenda at Savills 34th annual Financing Property presentation, launched in Edinburgh this month. Savills noted that the rising debt cost comes at a point in the property cycle when yields are historically low, meaning
Joanne Plant (MRTPI) has joined Savills as an associate director in the company's planning team in Scotland. Based in the firm’s Glasgow office and focusing largely on the company’s fast-expanding renewables planning consultancy, Joanne will work alongside Simon Herriot, Savills director
Savills has continued growing its sustainability and energy division, Savills Earth, with the appointment of Cameron Lloyd as a graduate energy consultant based in the Perth office. Cameron studied an MSc in Environmental Entrepreneurship at the University of Strathclyde and an MA in Business Manage
A mansion house created by Stewart Milne Homes executive chairman Stewart Milne and his partner Joanna Robertson is being marked by Savills for offers over £7.5 million.
Glasgow is at a tipping point as a lack of new office developments in the city centre could see ‘refurbishment’ rents outstrip rents on new-build in 2023 for first time in six years, to reach £36 per sq ft, according to Savills. With less than a year’s supply of new office ac
Scottish development land values remain strong, despite competition from alternative uses and increasing build costs, according to a new report from Savills. Recent value increases, supported by strong house price growth and a shortage of land consented for development, have resulted in a strong mar
Office take-up in Aberdeen in the first quarter of 2022 has already exceeded the total annual take-up for last year, with 195,905 sq ft of office deals completed in the first three months of the year, according to the latest research from Savills. By comparison, Savills says, the average Q1 tak
Westpoint Homes has purchased a city centre residential development site with detailed planning permission for 92 units, just one mile south east of Glasgow City Centre at Old Rutherglen Road in the Gorbals area.
Strategic landowner Lands Improvement, owned by Telereal Trillium, has concluded the sale of residential development land to Bellway Homes Scotland Limited, with Savills Development Team representing the vendor.
Plans to create a residential-led development that will transform a 15.5-acre factory site in Edinburgh with new homes, community amenities and access to a new transport hub have moved forward with the acquisition of the plot of land.
Savills has announced that Graeme Fraser will take on the role of head of valuation in Scotland, working closely with Craig Timney in his new role as head of UK valuation operations. Mr Fraser has over 25 years’ experience providing valuation and consultancy advice specialising primarily in lo