Legal & General, advised jointly by Savills and CBRE, has let three fully fitted offices at both Kintyre House and 140 West George Street in Glasgow city centre to occupiers including Hiscox, Beale & Co and Diamond & Co. At Kintyre House, 205 West George Street, insurance firm Hiscox wil
Savills
International real estate advisor Savills, on behalf of Park Holidays UK Ltd, has sold the freehold of Turnberry Holiday Park in Girvan, Ayrshire to Turnberry Holiday Park (Scotland) Ltd, for an undisclosed price.
Against the backdrop of the first Labour budget in 14 years and the pressures of the wider economy, Savills has released its latest analysis of the Scottish prime property market. Cameron Ewer, head of Savills residential in Scotland, said: "The Scottish prime market has been adjusting to wider econ
There is currently as much as 750,000 sq ft of occupier demand still looking for office accommodation across Glasgow due to a shortage of quality options available in the city, according to data from Savills. While the take-up of office space in Glasgow city centre reached 177,514 sq ft in H1 2024,
Prosafe Offshore Ltd, a provider of semi-submersible accommodation vessels, has relocated its Aberdeen operations to Kingshill Park in Westhill. The Norwegian company, listed on the Oslo Stock Exchange, has signed a 5-year lease with Knight Property Group for a 4,280 sq ft office suite in Pavil
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.
The Scottish farmland market has experienced an unexpected early surge in activity despite weather-related pressure, as well as economic and policy factors. According to Savills, the number of acres advertised for sale on the open market to the end of May was 64% higher than for the same period in 2
Lender and investor sentiment has improved compared to 12 months ago, Savills revealed at its 36th Financing Property presentation.
The UK forestry investment sector was not insulated from the well reported economic and fiscal challenges that impacted the wider global economy, according to Savills. During the 2023 forest year (1 October to 30 September), weakened investor confidence led to a -68% market contraction compared with
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.
Savills' rural team has announced their sponsorship of Women in Wellies, a podcast series which shines a light on the lives of inspiring women who live and work in rural Scotland. This new sponsorship builds on the podcast’s mission to amplify the voices of remarkable women in the rural sector
Scotland saw hotel transaction volumes (sales of £1 million+) reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills. Overall Scotland accounted for circa 14% of all UK hotel deals last year as the market remained resilient despite ongoing economic headwi
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