Savills Offices & Workplace

Festive Cheer in London 🎄 It has been a festive week for the Savills Workplace & Design team, from Christmas jigsaws to drag bingo. It has been a chance to celebrate all of our hard work and reflect on the successes of 2024. From all of us in the team, we’d like to wish our clients, suppliers and friends a very Merry Christmas and a prosperous New Year! 🎁✨ Yetta Reardon Smith Beau Becquart Emma Kennedy Katrina Kostic Samen Caroline Pontifex Keith Goodwin Trevor Campbell MCIAT ICIOB #Savills #WorkplaceDesign #MerryChristmas #Teamwork

Take a look at our Leeds Offices Research, highlighting the flight to quality. 🏢 http://savi.li/6041oZz7h Leeds has seen an increase in occupiers demanding higher-quality space, with Grade A and prime take-up accounting for 68% of the total take-up in the first three quarters of 2024. Aire Park by Vastint has made progress to offer a pipeline, however we are also seeing Landlords undertaking comprehensive refurbishments such as 2 Wellington by MEPC Limited and West Village by Bruntwood. Contact Toby Nield and Hannah Coleman for more information regarding the Leeds Office Market. #savills #offices #leeds

Savills joins Advanced Oxford as Government policy changes are being brought forward that will be critical to the delivery of housing and infrastructure, as well as the provision of places and spaces for science and technology companies in Oxfordshire to work and grow. Our contribution with support the development of the region’s innovation ecosystem. Advanced Oxford’s role in connecting and convening the science and technology business community, including businesses like Savills that act as facilitators and support to the science and technology companies, is critical in ensuring that decision and policy makers at all levels have the insight and evidence they need. Emily Slupek, Head of Oxford Project Management, comments: “Oxford remains an exciting place to work due to its ongoing growth trajectory in the science and tech arena. I am delighted that Savills has a place around the table with Advanced Oxford, allowing us to feed into the great work that it does to keep driving the city’s momentum and success as a global innovation hub”. Click the link to learn more about Savills Science & Technology: http://savi.li/6045onZ7D

💡 Design is a useful tool for creative people in challenging circumstances Associate Workplace Designer Blair Boyle recently shared his experience and insights on the Space by Stansons_ podcast, which is now live! Blair is a frequent panel speaker and contributor to the Savills blog. You can read his most recent article here: http://savi.li/6045onRhh #SavillsWorkplaceandDesign #WorkplaceDesign Guy Stanley

Glasgow’s economy is deeply rooted in traditional sectors. However, new and emerging sectors are reshaping the city’s identity, driving innovation, and enhancing its reputation as a hub for creativity and technology. These new sectors include: 🟨 health-tech 🟨 net-zero/climate technologies 🟨 space 🟨 fintech 🟨 advanced manufacturing Collectively, these growth areas will help drive demand for office space in the future. Learn more on The Savills Blog: http://savi.li/6040oulxy Clare Bailey | #OfficeSpace

Design Insider Forum #2: Exploring AI's Role in Shaping the Future of Design Last week, Savills Workplace & Design attended the 2nd Design Insider Forum, which focused on exploring the future of design, asking important questions, and discussing what lies ahead for designers—from AI’s impact on creativity and sustainability to collaboration and innovation. Find Blair Boyle's three key takeaways from the event below ⬇️ Design Insider Ana Rita Martins Alys Bryan Gavin H. Evgeny Rodionov Tim Mutton Bella Bertoni #Design #AI #FutureOfDesign #SavillsWorkplace

Cook it or grab it? 👨🍳 The choice is yours at Battersea Studios! With our cafeteria and industrial kitchen, you can be as creative or as laid back as you wish... Suites of 400 sq ft to 15,000 sq ft available 🏢 For more information, please contact 📞 Holly Purvis / 07977 371 475 or Pip Edwards / 07816 184 021

🗣️ "2025 is likely to present opportunities to both developers and investors" - James Evans, Head of National Office Agency. The UK regional office market has demonstrated remarkable resilience, with Q3 take-up reaching its highest level since 2018, with the Big 6 regional office markets (📍 Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester) recorded overall Q3 city centre take-up of 1.2 million sq ft, up 38% YOY: http://savi.li/6048oKL88 Is this the turning point for office investment? James Emans, Director, UK investment at Savills, adds: “From an investment standpoint, volumes have been suppressed, but we are now getting significantly more traction, which, given the positive occupational metrics, is not surprising. The combination of limited development pipeline and a dwindling supply of Grade A offices supports the projections of continued rental growth across the regional office markets, presenting opportunities for liquid and decisive investors.”

✅ COMPLETED – Savills London Office Project Management Team have successfully delivered the transformation of a 20-year-old building from a Grade B asset to new Grade A office space on behalf of J. Safra Sarasin totalling circa. 104,000 sq ft within 📍 95 Queen Victoria Street, London, EC4V 4HN. 📆 The brief of the project was to minimise the amount of embodied carbon used in the refurbishment whilst breathing new life into the building. By adopting a ‘re-use first’ strategy the design team considered existing items that could be repurposed before any new materiality was added. The final result is an architecturally fantastic product with a ‘like new’ feel whilst reducing its carbon footprint wherever realistically attainable, which led to a pre-let three months prior to completion. Alongside the building now being 100% renewably fuelled, the project also achieved BREEAM Excellent, WELL ‘Ready’, WiredScore Platinum and Smartscore certified. The tenant’s fit-out of the whole building is well underway and due for completion Q2 2025. Key features include: 🟨 New rooftop terrace 🟨 Reconfigured reception with state of the art “hero wall” 🟨 New end of journey facilities with electric bike and scooter charging 🟨 Greywater harvesting 🟨 New VRF systems to reduce energy efficiency to provide EPC A from EPC D For more information, contact Jack Pugh | Jonathan Davies | Mia Donnelly Architect: Borja Marcaida | Sheppard Robson Cost Consultant: Dominic Hedges | Quantem Services Limited MEPH Consultant: Mark Terndrup | Waterman Group Contractor: ISG Fit Out Limited Sustainability Consultant: Sophie Murray | Waterman Group Landscaping: Phil Allen | Phil Allen Design Photo credit 📸: Sheppard Robson #Offices #ProjectManagement #OfficeSpace #Workspace #Retrofit

🔔 Savills and our joint agents CBRE are delighted to have secured Oakley Capital on the 1st floor at SIXTY SLOANE comprising 23,503 sq ft 🔔 Thank you to David Hume at Newmark and Nicholas Marks at NCM Projects Ltd who acted jointly for the tenant. The former Harrods car showroom is owned by Bain Capital in partnership with CIT Group Partners LLP and has been fully reimagined by award-winning architects Squire & Partners. The remaining space is available from 10,000 sq ft upwards - for further details or to arrange a viewing, please contact 📞 : Freddie Corlett Andrew Wedderspoon Hunter Booth Phoebe Thurlbeck Or our joint agents at CBRE 📞 : Adam Cosgrove Matt Chicken Nathalie Spink