News

"Property advisor, Savills and smart energy company, Pinergy, have partnered to launch the Savills-Pinergy Energy Monitor, to study the impact of social distancing and stay at home measures on energy consumption."

"UK commercial property investment volumes rose 10% year on year in Q1 2020 to £12.7 billion, compared to Q1 2019, with some sharp rises in investment into some retail segments before Covid-19 affected the markets, according to the latest research from Savills."

"Hospitality was the first and most heavily impacted asset class, however it will also be one of the first out of the trough. Domestic demand in the turnaround will be solid, Vietnam is fortunate to be able to turn hospitality assets back on, quickly."

"Serviced Apartment performance is highly correlated to FDI. With borders closed and many expatriates home, then short term performance is suffering. Some owners are using the time wisely, to reposition their assets and heighten competitiveness."

"A change in occupier structure is coming; from open plan CoWorking to Serviced Offices. From Serviced Office to Hotel day rooms. From back office to work from home. There is an opportunity to recalibrate needs to match business objectives."

"The retail opportunity going forward is in the structural change. Whether this is transfer effect to e-commerce, recalibration of rentals or change in consumers behavior."

"According to international real estate advisor Savills, transaction volumes in London’s hotel market totalled £1.15bn in the first quarter of this year, reflecting an 8.8% decline yoy, but 85% above the long term average."

"What workers want and how employers can respond to it"

"The COVID-19 pandemic has brought the German commercial real estate market’s 10-year cycle to an end, closing with the highest first-quarter transaction volume ever recorded."

"In these extremely challenging times Savills London Development Land team are pleased to be able to report some positive news in the market."