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Savills plc
SVS.UK
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Savills Launches 113-Unit Build to Rent Development in Glasgow’s West End

Savills plc has launched a Build to Rent development in Glasgow's West End, featuring 113 apartments across two six-story blocks. The project includes one and two-bedroom units, six roof gardens, and commercial spaces. With planning consent secured and minimal financial obligations, the site offers excellent connectivity and strong rental demand, presenting a significant opportunity for private residential developers. Offers are invited for the heritable interest in the site.

Reuters·
UK
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Reuters·
UK
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Savills Launches Luxury Homes at Historic Hensol Castle Estate

Savills plc has launched new luxury homes at Hensol Grove within The Vale Resort's estate, featuring historic Hensol Castle. Developed by Acorn Property Group, the first phase includes ten homes with sustainable design elements, starting at £660,000. Strong demand is anticipated, and phase two will introduce six detached houses. Interested buyers can contact Savills’ Cardiff sales team.

Reuters·
UK
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Reuters·
UK
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Savills Secures Approval for Major Staffordshire Industrial Hub

Savills plc is advancing a major industrial and logistics hub near Junction 13 of the M6 in Staffordshire. The project, backed by Indurent, has secured draft allocation in the South Staffordshire Local Plan and aims to address environmental and local impacts. Scheduled to begin in 2027, it promises job creation, education opportunities, improved infrastructure, and public spaces. Indurent's investment totals £800 million, covering 6 million square feet. Phase 1 completion is expected in 2028, Phase 2 in 2030, with new jobs potentially by 2031.

Reuters·
UK
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Reuters·
UK
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Langley Sustainable Urban Extension Secures Key Planning Milestone

Savills plc announced a key milestone for the Langley Sustainable Urban Extension in Birmingham, securing site-wide outline planning permission from Birmingham City Council. The project aims to deliver up to 5,500 new homes and community infrastructure, led by a consortium including Homes England and major developers. This achievement facilitates early strategic infrastructure delivery and outlines future development submissions.

Reuters·
UK
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Reuters·
UK
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Elegant Group entity buys The Clementi Mall for S$809 million

An entity linked to Zhao Zhichao of The Elegant Group has purchased The Clementi Mall in Singapore for S$809 million from Cuscaden Peak Investments, exceeding the indicative guide price by nearly 8%. The mall, with a net lettable area of 195,772 sq ft, offers a net yield of about 4.1%. The sale was brokered by Cushman & Wakefield and Savills, following an expression of interest exercise that attracted 12 offers.

Businesstimes·
UK
SVS
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US
CWK
-2.33%
Businesstimes·
UK
SVS
0.00%
US
CWK
-2.33%
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