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News

Savills Triumphs at International Property Awards 2013

"Savills has had another outstanding year at the annual International Property Awards 2013, winning an impressive eight accolades at a ceremony held at the J W Marriott Hotel in Kuala Lumpur. This is one of the world’s most prestigious property competitions and covers residential as well as commercial categories."

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News

Spanish market to replicate Irish recovery?

"On Tuesday 23 April 2013 Savills addressed its clients on European economic outlook outlining in particular the position of Ireland and Spain. The firm believes that whilst there are many similarities to suggest Spain will follow in the footsteps of Ireland, a number of substantial differences were highlighted."

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News

Savills: Government tightening measures heighten golden buying opportunities for retail market

"At a glance With no drastic changes in the external environment, including interest rates, retail rents in 2013 are expected to rise by 0 to 5%, showing clear signs of slowing. Rents for prime street shops in areas such as Russell Street in Causeway Bay and Canton Road in Tsim Sha Tsui are unquestionably firm.   According to the latest Savills retail rental briefing, rents in the first quarter of this year experienced a 1% increase while stock of prime street shops remains very limited.  Rents of shopping centres, on the other hand, have in general increased 1.5% in the first quarter this year."

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