Has Britain replaced the pub with the coffee shop?

The change in consumer habits to favour coffee shops as a meeting place in the UK over recent years can be seen in town centres, village high streets and more recently in drive-thru’s and retail parks. It is almost impossible to visit these places ... Read more

Investors seek shopping centre assets but more cautious towards high street – Savills

Investors were busy acquiring UK shopping centre property during the first quarter of 2013, says Savills, with 20 investment deals done during Q1 totalling £1.43bn. This compares with £488m in the same period last year, the firm notes. The average ... Read more

Heathrow rental growth expected in the short term after strong 2012 take-up – Savills

Take-up of Heathrow industrial property last year was the highest since 2000, says Savills, which signifies the importance of the Heathrow logistics market, its re-emergence from the downturn – and how occupiers still see Heathrow as a key location, ... Read more

City offices take-up rises but demand remains below average – Savills

Savills’ latest report on the market for office space in the City of London notes that take-up in December reached 500,000 sq ft, taking the total for 2012 to 4.63m sq ft, back in line with the ten-year average and 18% above the previous year’s ... Read more

Flight to quality favours prime core Birmingham offices – Savills

There are already around 100,000 sq ft of deals in the pipeline for this quarter within the prime core Birmingham offices market, says Savills, and this could take year-end take-up to 50% above the total seen last year. But year-end total take-up for ... Read more