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News

Corporate News

Savills commits to Science-Based Targets Initiative (SBTi)

"Savills plc, in signing up to the SBTi, is aiming for the highest level of ambition, and is committed to set long term science-based targets to reach net zero value chain (Scope 3) green-house gas (GHG) emissions by 2040, in addition to net zero across its own office network (Scopes 1 and 2) by 2030. Savills has committed to aligning its business with a 1.5oC future and, as part of this, will also be recognised by the Race to Zero and Business Ambition for 1.5oC campaigns."

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News

Corporate News

Savills Grosvenor Hill Ventures acquires workplace platform Cureoscity

"Grosvenor Hill Ventures, the proptech investment subsidiary of global real estate advisory firm Savills, has acquired tenant and workplace experience platform Cureoscity. The transaction ensures that Cureoscity will continue to operate as an independent business, led by existing CEO Chris Coleman-Brown and COO Aimee Rootes, whilst benefitting from the investment of Grosvenor Hill Ventures and collaboration with the wider Savills group.  "

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News

Office Space

London, Hong Kong and Tokyo top table for occupier office costs

"Savills analysis of prime office costs in global markets around the world has shown that occupier demand for the best space has generally maintained rents, and that London’s West End has seen the ‘all-in’ cost to an occupier of office space rise above Hong Kong and top the table"

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News

Research

Value of global real estate rises 5% to $326.5 trillion

"The value of the world’s real estate assets rose 5% in 2020 to $326.5 trillion, making it the world’s most significant store of wealth and more valuable than all global equities and debt securities combined, and worth almost four times that of global GDP, according to new research released by Savills as part of its Impacts 2021 programme.   "

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