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Retail asset fetches $6.3 million in Melbourne’s East

22 September 2018

An Armadale retail asset has sold for $6.3 million to a local developer, highlighting the demand for premium opportunities in Melbourne’s eastern suburbs. 


Development site tipped to fetch more than $11.5 million

22 September 2018

A major development site in the premium Melbourne suburb of Camberwell has hit the market, with interest expected to reach more than $11.5 million


Deka Immobilien acquires office building in London Victoria

21 September 2018

Deka Immobilien GmbH has acquired the "Verde" office building in London Victoria, a London West End submarket. The vendors are Tishman Speyer and the Public Sector Investment Board (“PSP Investments”). The investment is being made as a joint venture between the WestInvest ImmoValue, a special fund aimed at institutional investors, and the open-ended real estate fund Deka-ImmobilienEuropa. The parties agreed not to disclose the purchase price.


Out of town retail: convenience brands drive above average openings in challenging market

20 September 2018

New research from Savills reveals slightly above average new openings in the UK out of town (OOT) retail market since 2015, driven largely by convenience brands.  This highlights some positive news for a sector currently facing a number of challenges, including the various administrations and CVAs announced in 2018.


Peterborough is growing, but needs new residential and commercial stock to meet demand

20 September 2018

Strong economic and population growth in Peterborough will produce new opportunities in the city’s commercial and residential sectors, according to Savills, but new stock is needed to meet growing demand across all sectors.


Savills wins both global and residential real estate adviser at EG awards 2018

20 September 2018

International real estate advisor Savills was triumphant at the annual Estates Gazette Awards last night (19th September 2018) taking home the trophies for both Global Real Estate Adviser of the Year and Residential Real Estate Adviser of the Year. Richard Rees, Savills UK’s Managing Director, and Phillippa Dalby-Welsh, Savills Residential Director, collected the awards on behalf of the team. Furthermore, Cal Lee, Founder and Head of Workthere*, was shortlisted for the Rising Star Award. Hosted by Sara Pascoe, the ceremony was held at the Grosvenor House Hotel, W1.


The Agriculture Bill 2018 – what are the implications for farmers and land managers?

20 September 2018

The Government has at last published the long-awaited Agriculture Bill, together with substantial policy guidance and a summary of responses from the Health and Harmony consultation. 


The Derwent Group appoints Savills for property & facilities management

20 September 2018

The Derwent Group has appointed Savills to manage its half-billion pound commercial property investment portfolio.    


First time buyers represent a growing proportion of new homes buyers, according to latest research

20 September 2018

Developers are adapting to the needs of first time buyers who are now responsible for over 50% of all new residential mortgages issued across the UK (according to latest Savills research which analysed the first quarter of 2018). 


€12m for Dublin site with planning permission for 358 apartments

19 September 2018

A site in Bluebell, Dublin 12, with planning permission for 358 apartments and 4 commercial/community units, has been placed on the market by Savills with a guide price of excess €12m.