Hugo Raworth joins from SitusAMC
The 14 June live-streamed sale features more than 200 lots across the UK
The 28,813 sq ft office building was sold for in excess of £7m
Savills notes 67% increase in venture capital investment across space sector
Savills predicts booming demand over the next decade
Firm highlights three factors that have “tempered” deal activity
COMMENT “Prime property has the scope to incorporate the best tech. But what if it isn’t new?”
Agency to upgrade parts of Margaret Street office as oart of hybrid working push
Demand is 34% higher than the five-year average, driven by large requirements from relocating giants
On average, commercial lots sold at the auction for 37% higher than their guide price
COMMENT Savills’ Steve Chatfield on occupiers’ growing need for lab and office space
Savills data shows more than half of investment since the start of 2021 came from market debutants