Savills Offices & Workplace

🏢 🎧 Listen to the latest Real Estate Insights Podcast episode on the Office Sector: http://savi.li/6043ULeOF "Offices - Is now the time to buy?" features James Evans and Holly Purvis, who discuss why there is divergent sentiment across occupational and investment markets.

93 Candleriggs 🏢 A recently refurbished office, perfectly positioned in the heart of Glasgow's Merchant City. Available ✅ Suite 1 - 1,184 sq ft Suite 2 - 1,572 sq ft 🟨 Open Plan Layout 🟨 High Quality Existing Fit Out 🟨 Plenty of Natural Lighting 🟨 Meeting rooms within each suite 🟨 Kitchen Breakout Area 🟨 Cycle Store 🟨 New LED Lighting Please contact David Cobban & Megan Luke for more information 💻

New Letting ✅ 🎉 http://savi.li/6044UvYZC We are pleased to announce the new lettings to Hunt & Coombs Solicitors and Greenwoods Legal LLP for our client Eagle Street Partners at West point, Peterborough as the building approaches full occupancy. 🏢 For more information regarding this property, please contact; William Rose | Edward Gee

Savills were delighted to host the Work Ready Launch at 350 at Regent's Place alongside the client British Land last week. We showcased the newly fitted 9,384 sq ft Work Ready space, featuring meeting rooms, phone booths, and both fixed and collaborative workspaces. These ready-to-go workspaces are fitted, furnished and connected. They can also be taken on flexible leases to suit your client's needs. Click here to learn more: http://savi.li/6049UQwyH British Land Leasing Team: Katie Blowers | Georgia Hogg Agents: Savills - Hunter Booth | Andrew Wedderspoon | Kate Miedzianowska-Sinclair | Phoebe Thurlbeck Kontor - Andrew Gibson | Paul Gold | Sammy Kingston | Luke Parkinson British Land Workspace

✅ COMPLETED - Savills are pleased to announce the completion of a deal to Alvarez & Marsal Capital who were advised by JLL on behalf of our client Schroders Capital at 1 East Parade, Leeds. 🏢 http://savi.li/6047UvchZ Please contact the below for more information; Toby Nield | Hannah Coleman

Glasgow’s economy is rooted in traditional sectors; however, new emerging sectors are now starting to reshape the city’s identity. 🟨Strong Office Market Performance 🟨Growing talent pipeline, and rising 🟨Rising Office Rents & Supply Constraints Read the full report: http://savi.li/6049UQzLz Clare Bailey | Jack Edwards | Steven Lang | David Cobban | Colin McGhee | Megan Luke

✨ Savills Apprenticeship Awards ✨ More than 140 apprentices from across the business were recognised for their hard work and commitment at Savills annual awards, coinciding with National Apprenticeship Week. A total of 19 apprentices received awards in categories including Rising Star, Employer’s Choice, Making an Impact, Creativity, Outstanding Achievement and Customer Service. Managing Director of Savills UK Richard Rees, who presented the Employer’s Choice Award, congratulated all the apprentices on their achievements. “The apprenticeship programme has been running for 10 years and we pride ourselves on offering the best experience possible,” he said. “These awards are a wonderful opportunity to reward our apprentices for their tremendous hard work and to recognise those who continue to excel."

Market in Minutes 📣 http://savi.li/6041UYSxd Record high rents continue to be achieved across the region with 16 submarkets setting new rental highs against a backdrop of falling supply and a flight to quality from occupiers. In the latest Greater London & South East Offices Market Watch, take a look at supple levels, prime office rents, and take-up across the market. Find out why: 🟨 Take-up reached 2.7 million sq ft at the end of 2024 which was 4% below the total recorded in 2023 🟨 Supply levels in the market have reduced, resulting in availability falling by 15% 🟨 There were 16 submarkets across the region that achieved new rental highs in 2024 Click the link above to read the full report. Andrew Willcock | Simon Preece

Savills Strengthens BPC & Architecture Team: http://savi.li/6044Ud2Yo Welcoming Andreia Shirley, Catarina Duarte, Pedro Almeida, Cátia Francisco, and Filipa Moreira. Joana Rodrigues, Director of BPC & Architecture at Savills, emphasises: “We are thrilled to witness the growth of our team, with a particular focus on bringing in professionals with extensive and diverse experience. This evolution within the department reflects Savills commitment to and investment in emerging business areas, such as Design & Build, Workplace Strategy, and Change Management.” #WorkplaceDesign #WorkplaceStrategy #ChangeManagement

Your latest insights from the City and West End office occupational markets ➡️ http://savi.li/6045Ub6C1 Take-up in December reached its highest point for the year, with just shy of 1.5m sq ft completing across 83 transactions. We are anticipating similar levels of take-up during 2025 🟨 2024 City Take-up was up 2% on the long-term average 🟨 Average prime rent for 2024 was £98.60, a 7.5% increase on 2023 🟨 Currently Tenant space makes up only 17% of total supply, the lowest it has been since 2014. Read the full report for more. Josh Lamb | Hunter Booth | Victoria Bajela