Savills, the leading global real estate advisor, recently published its latest report on the prime central London (PCL) market's growth. After the centr
Stan Ennor-Glynn, head of international residential sales in the Middle East department of property consultancy Savills, said the news was a blow for the market, which was expecting a summer of unleashed pent-up demand after a year of restrictions.
“A month ago, we thought flights were going to open up, everyone would be able to travel to the UK and we were going to have a real run of deals,” Mr Ennor-Glynn told
The National.
“There is so much pent-up demand in the Middle East and the fact that people have not been able to travel has had a real impact on the amount of deals we have been able to do. We will not see the run we were expecting until everything opens up.”
Savills private office unit expands global network
DUBAI, 29 days ago Global real estate advisor Savills has announced that Savills has announced that its private office unit has expanded its global network of representatives. Established in 2007, Savills Private Office has already established itself as a single point of contact for a growing number of privately wealthy individuals seeking discreet, in-depth, worldwide property advice. This new team augments the bespoke service, offering additional real estate expertise in international residential sales, lettings and residential development sales and cross border and residential investment advice focused on Europe, the Middle East, Russia, Hong Kong, Singapore, China and India.