Savills is a property advisory firm offering services globally with a network of over 700 offices and 40,000 experts.

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Savills is a global real estate services provider with a network of more than 40,000 people in over 700 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East. A FTSE 250 company (LON: SVS) headquartered in London, Savills advises corporate, institutional and private clients who are seeking to acquire, lease, develop or realise the value of residential and commercial property in the world's key locations.

Analysis by Savills capital markets experts suggests that there is enough liquidity in the system to support a global real estate recovery ➡ http://savi.li/6040leuLE

Rasheed Hassan, Head of global cross border investment at Savills, comments: “Institutional investors, who are the principal source of capital, are showing no signs of turning away from real estate. Allocations have instead stabilised in recent years – and this should create activity in the market as pent-up supply is released."

Oliver Salmon, Savills World Research Director, Global Capital Markets, says: “Investor sentiment surveys show more optimism, underpinned by growing evidence that property values are bottoming out."

Savills UK National Investment

Helsinki, Copenhagen and Stockholm have taken the top three spots in Savills new Heat Resilience Index, as the cities best prepared to deal with extreme urban heat ➡ http://savi.li/6044llSws

Here, extreme temperatures and days over 30°C (86°F) are rare, while progressive policy around ESG helps to mitigate the effects of extreme weather on their populations.

Paul Tostevin | Christopher Cummings 
#SavillsImpacts #UrbanHeat

Savills Private Office is expanding its footprint in the US. Dominic Harding, head of Cross Border Tenant Advisory, Savills US, will work alongside Rory McMullen in growing the Private Offices’ access to the UHNW and family Office community in North America.

Dominic joined Savills in 2011 and has worked in Singapore, Hong Kong and now New York where he has been based since 2017. He, commented, “I am looking forward to developing the Savills Private Office in the US. This additional role perfectly complements my existing day job, advising corporate occupiers on their international requirements around the globe.”

Savills North America

Online vs. In store? The grocery market is one of the few retail sectors that has remained largely unaffected by the growth of online retail, with physical stores remaining consumer preference. While online grocery exposure in Europe remains low, international retailers favour omni-channel strategies: http://savi.li/6042llFSy

Online grocery shopping also varies per country, with climate and culture playing more of a role in physical store attendance. Savills latest European Grocery Report explores the trends and changes in consumer behaviour affecting the sector and more.

Georgia Ferris | Lydia Brissy
#Retail #RealEstate #Research

Savills plc, the international real estate advisor, today announces its unaudited results for the six months ended 30 June 2024.
http://savi.li/6041lYxJT

Across the 30 cities covered by the Savills World Cities Index, capital values grew by 0.8% and prime residential rents by 2.2%. 

But, which cities have seen price growth in the first six months of the year? Are rents still outperforming capital values? And what do we expect to see for the remainder of 2024?

Our latest World Cities Prime Residential Indices is now live. ➡️ http://savi.li/6049lUr0t

#worldcities

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