Savills News

Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Hotels

Virgin Hotel Glasgow comes to market in Scotland

"Savills, on the instruction of of Geoff Jacobs and Blair Nimmo of Interpath Advisory as joint administrators of Lloyds Developments Ltd, has brought to market the heritable (freehold) interest of the Virgin Hotel Glasgow at 264 Clyde Street."

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News

Rural

Savills Rural sponsors Women in Wellies podcast

"Savills rural team has announced their sponsorship of Women in Wellies, the successful 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."

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News

Business Space

Take-up normalises across European industrial & logistics market, but remains higher than pre-pandemic average

"According to Savills latest European Logistics Outlook, take-up of industrial & logistics space across the continent totalled 28.8 million sq m in 2023, signifying a decline of 24% when compared to 2022. However, despite this slowdown take-up remained 9% above the five-year pre-pandemic average, suggesting higher levels of activity relative to the previous decade even as occupier demand has cooled off in the past two years."

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News

Auctions

Record-breaking auction for Savills

"On 27th and 28th February Savills auctions raised £71 million from the sale of a record-breaking catalogue of 350 lots. The sale was the first Savills live-streamed auction to be held over two days and achieved a success rate of 74%."

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