News

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

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News

Corporate News

Savills PLC AGM Statement

"Savills plc, the international real estate advisor, is today holding its Annual General Meeting (AGM) at 12 noon, 33 Margaret Street, London, W1G 0JD, and provides the following AGM statement."

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News

Global prime yields fall to record lows

"Prime office market yields have dropped to record lows in most major CBD markets around the world, according to Savills, and are unlikely to rise even with increases in interest rates."

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News

Office Space

San Fran and Stockholm top the table for highest coworking costs across the globe

"According to Savills Tech Cities 2019 research programme, San Francisco has the highest coworking costs per month for a desk in a private office at $1,050. The firm notes that it is the city’s strong business environment, talent pool and transport links that is likely to have driven coworking costs upwards, with San Francisco ranking at number two in the firm’s Tech Cities Index*, just behind New York."

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News

International Property

World city luxury home price growth slows

"Price growth across the world’s leading prime city housing markets slowed significantly in the second half of 2018, according to latest data from the Savills world cities prime residential index, which recorded its smallest annual increase since the global financial crisis. "

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News

Research

New York sees off San Francisco to be crowned world's premier Tech City

"New York is the world’s foremost centre for tech, providing the business environment, talent pool, lifestyle and transport links to make it the premier base for companies, according to the third iteration of ‘Tech Cities’, Savills global research programme. Following New York, San Francisco, London, Amsterdam and Boston, round out the global top five."

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News

Corporate News

Year-end trading update

"Savills plc, the international real estate advisor, publishes the following trading update in respect of the year ended 31 December 2018. Savills experienced a robust closing quarter in most of our business lines to deliver growth in both revenue and underlying profits for the full year."

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