UK

Savills has strengthened its rural offering in the north of England with the appointment of Wayne Scurrah as director and Head of North Forestry.

According to Savills, €515m was invested in European senior housing assets in H1 2020, an increase of 25% year-on-year as the sector’s long-term fundamentals are proving its resilience despite Covid-19. 

Welcome to our In Focus series, where we shine a light on our Project Management team around the country. This week we learn a little more about Neil Watson, Project Director in Project Management.

The Commonwealth of Australia has sold a strata retail investment located in Melbourne’s Oakleigh South for $1,851,000 with a local investor outbidding 14 other parties for the popular Oakleigh South Discount Chemist.

A local passive investor has purchased a 250sq m stand-alone industrial building in Coolum for $540,000 on a 5.5% (approximate) yield with ‘Local Centre’ zoning.

Real estate advisory firm Savills has been appointed by Atrium European Real Estate as sole letting agent for office space in all the buildings owned by the fund in Poland.

M&G Real Estate and its property developer partner Qmile Group have secured a 280,000 sq ft pre-let at the £350 million Haymarket Edinburgh development.

Welsh Government is currently consulting on proposed mandatory quality standards (the ‘standards’) for new affordable homes in Wales, dubbed ‘Beautiful Homes and Spaces (BHS)’.

According to Savills latest research, European office vacancy rates increased by an average of 30bps to 5.8% during Q2 2020. However, vacancy rates remain at historic lows and well below the equilibrium of c9%, separating […]

Savills Australia is proud to announce the internal promotion of two industry stalwarts Tony Bargwanna and Leon Alaban to National Director – Hotels, effective immediately.