Savills Scottish rural agency team has revealed that Kildrummy Estate in Aberdeenshire has successfully been sold. The sale of the holding company, at offers of over £11 million, generated a significant level of interest and attracted viewers from the UK and abroad.
Savills
Cameron Ewer, head of Savills Residential in Scotland, has outlined the implications of the Scottish Government’s route map out of lockdown on Scotland's residential property market.
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 coronavirus. Savills planning team in Scotland has been liaising with the chief planner and his tea
Savills has said that it is making preparations for owners of Scottish farmland to bring their farms to the market when the time is right. Until the last few weeks, sellers had been ready to commit to the market following the General Election result, and buyers who had previously been frustrated by
Wemyss House, the well-known office building in the heart of Edinburgh, has traded in a deal worth more than £5 million. The building, which is located at 6-8 Wemyss Place and faces onto Queens Street Gardens in Edinburgh’s historic New Town, has been purchased by an Austrian private fam
Savills plc, the international real estate advisor, has posted its full year results for the year ended 31 December 2019, hailing a strong year in Scotland. 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
New residential research from Savills has revealed the growing strength of the super prime market in Scotland.
Independent restaurateurs are driving forward the food and beverage market in Glasgow, according to international real estate advisor Savills. A total of 11 new eateries have opened for business in 2019, accounting for 70% of new occupiers, continuing the trend from 2018 (63%).
On behalf of Kennedy Wilson, Savills has completed the sale of two prime distribution units, Colossus 1 and Colossus 2, at Eurocentral, to Blackstone’s Mileway platform for £16.1 million, representing a net initial yield of 5.95%.
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).
Bar and restaurant operator Mitchells & Butlers is gearing up to open new sites in Scotland during 2020, continuing its expansion into the Scottish market, advised by Savills. The business, which amongst other brands, operates All Bar One, Miller & Carter, Ember Inns and Premium Country Pubs
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.
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