Savills is encouraged by the current availability of office space in most UK cities, which it says continued to fall during 2011. The overall UK vacancy rate has declined to 9.4% from a peak of 15.3% in 2009, it notes in its Winter 2011 Office ... Read more
“A pocket of firm, steady growth in an otherwise confused picture”. So says Savills, describing the Central London retail market, which it says remains one of the most resilient markets of its type against a background of economic turbulence. The ... Read more
“Beyond the South East, the retail market can be a very gloomy place”. So says Savills in its latest research into the shopping centre and high-street retail markets in the UK. It highlights that some retail investors are waiting to examine the ... Read more
The market for retail warehouse property is robust, dynamic and recovering well, says Savills. The firm has analysed Trevor Wood’s national retail warehousing tenancy database and concludes that vacancy rates are falling in all but the most ... Read more
Activity in the investment market for commercial property in the West End of London was disappointing in September, says Savills, with only 14 new opportunities coming to market. Only two of these were priced at more than £20m, and another four over ... Read more
It’s Friday, the Rugby World Cup has just kicked off, and we’d like to look on the positive side today. So here are some upbeat notes from Savills, which says there are a few “quite persuasive” reasons why a “proper” economic recovery might not be ... Read more
There is 2.8m sq ft of available office space in Edinburgh, but Grade A space makes up only 25% of this total, says Savills. In its latest research into the market for Edinburgh offices, the firm says availability has continued to fall in the central ... Read more
Premiums and rising rents are becoming the norm for prime retail streets in Central London, says Savills. In its latest research into this market, the firm has considered whether the current trends of record high rents and record low yields can ... Read more
Savills says in its latest Shopping Centre and High Street Bulletin that “the high street is still very much alive” – in contrast to some recent press articles suggesting that the end is nigh. There are still in fact a healthy number of store ... Read more
Construction activity in the private-sector office market is beginning to pick up, bucking the weak trend in other sectors, says Savills in its latest Commercial Development Activity report. Five of the nine sub-categories of commercial development ... Read more
