Savills has released its latest forecast for the prime housing market, highlighting Scotland as the standout performer with the highest projected five-year growth of +21.0%. The prime housing market typically represents the top 5% to 10% of the market in any region.
Savills
Savills Major Projects team has made two senior appointments to support the delivery of nationally significant infrastructure projects (NSIPs) across the UK. Mhairi Robertson MRICS joins as regional lead for Scotland, bringing extensive experience from SSEN Transmission, where she was part of the Ca
A total of 187,000 additional affordable homes are needed in England each year, yet affordable house building seems to have peaked, according to the latest Savills research.
Savills UK has made two further appointments to its established Natural Capital Team, which provides specialist advice in relation to nature-based solutions to climate change. Natural Capital Consultants Francesca Fowler-Walsh MRICS GSFP and Alice Slattery MSci are both based in Edinburgh as part of
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,
Given Scotland’s national housing crisis, more needs to be done to fast track planning and new Local Development Plans amid an "alarming" drop in housing completions and new planning consents, says Savills. An uptick in new build sales across Scotland is hastening the demand for residential de
Talented surveyors from Scotland are in the running for the RICS Matrics Surveyor Awards 2024, having been shortlisted for demonstrating excellence early in their careers. The RICS Matrics Surveyor Awards, formerly Young Surveyor of the Year Awards, are back for their 11th year to showcase the excep
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.
Energy infrastructure company Smart Metering Systems (SMS) has renewed its lease at 48 St Vincent Street in Glasgow, advised by Ryden's office agency team. The decision follows an extensive search for alternative office premises and detailed negotiations, culminating in SMS's commitment to rema
Lender and investor sentiment has improved compared to 12 months ago, Savills revealed at its 36th Financing Property presentation.
Glasgow has the largest imbalance between supply and demand for purpose-built student accommodation (PBSA) in the UK, requiring 22,000 additional beds in order to fulfil requirements, according to Savills. Edinburgh is also experiencing a considerable shortfall needing an additional 17,000 beds to c
The Scottish Government has announced that it will be easing permitted development rights (PDRs) for rooftop solar.
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.