Savills Planning has welcomed the provisions being put in place by the Scottish Government to “keep the wheels of the country’s planning system in motion” during the current hiatus caused by COVID-19.
Savills plc, the international real estate advisor, has posted its full year results for the year ended 31 December 2019. The group's revenue increased by 10% to reach £1.93 billion (2018: £1.76bn), which was driven by a strong performance (+16%) in the firm's Less Transactional business
The number of completed homes for the UK build to rent (BTR) sector increased by 51% in 2019 with Glasgow among the key cities leading the way, new figures have shown. Analysis by Savills for industry trade body the British Property Federation (BPF) has found that at the end of Q4 2018, the sector h
Aberdeen’s office market is now entering recovery mode, after experiencing the strongest year of demand for offices since the Energy sector downturn of 2014, according to Savills. During 2019, Aberdeen saw total office take-up of 513,525 sq ft, (47,708 sq m) compared with 388,277 sq ft (36,075
Suburban family homes that are specifically built for long-term rent, in places people want to live, should be a strategic part of Scotland’s housing development pipeline, according to a new report from Savills and the Scottish Futures Trust (SFT).
Flats contained within the old Boroughmuir High School in Edinburgh have been sold to investors in Hong Kong months before they were available for purchase by domestic buyers. Prospective buyers in Hong Kong were given the opportunity to buy a “very limited selection” of homes in the new
Bar and restaurant operator Mitchells & Butlers is gearing up to open new sites in Scotland during 2020, advised by Savills. The business, which amongst other brands, operates All Bar One, Miller & Carter, Ember Inns and Premium Country Pubs, has opened seven new sites in the UK this year an
The Scottish housing market continued to be impacted by political uncertainty last month with activity falling further and price growth moderating again, according to the monthly Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Former Police Scotland offices in the centre of Aberdeen are being marketed as an opportunity to build more city residential accommodation.
Scotland is on track to enjoy its best-ever year of inward investment for commercial real estate after attracting over £500 million in international capital in the first half of 2019, according to international real estate advisors Savills. Almost half (49%) of all investment (£575 milli
Aberdeen city centre office building Union Plaza has been refurbished to meet demand for more flexible and creative, high quality work spaces following a £1.75 million investment from Legal & General.
Work to transform the Glasgow office block formerly known as Hanover House into contemporary office accommodation commenced this month.
The first planning application for over 500 homes in the new masterplanned neighbourhood of Findrassie has received consent from Moray Council, enabling the sale of its first phase to Barratt Homes to complete this week.
Housing land values showed small signs of growth in the first quarter of 2019, with the Midlands and Scotland continuing to outperform London and wider South East, according to latest analysis from Savills residential development land index. UK greenfield and urban land both saw small increases in l
Two housebuilders have together bought 46 acres of residential development land in Lasswade, Midlothian.