"International real estate advisor Savills has strengthened its global cross border retail expertise with the appointment of Thea Rowe."

"Approximately US$500 billion of real estate assets, currently held by close-ended equity funds that are estimated to be overdue their exit, could be put back into the global market over the next few years, according to new analysis from Savills, driving a significant uptick in property sales and investment activity."

"Investment turnover in the office sector rose over 7% globally in 2024, from $164 billion to $176 billion, says Savills, with total global commercial real estate investment turnover last year reaching US$828 billion, representing a near 8% increase in comparison with 2023."

"Rents for prime office space* across the globe rose by 0.3% and fit out costs by 0.2% in the final quarter of 2024, says Savills, as demand for top quality office space continues to grow in many markets around the world. "

"The Caribbean has long been a popular tourist region, attracting tens of millions of tourists annually. It is also the attractive destination for second-home ownership. According to the Savills Caribbean Islands report, prices of prime residential properties in the Caribbean have increased by 27% over the past five years but have yet to reach their peak. Despite this price growth, the Caribbean still offers a better price-to-quality ratio compared to similar global destinations for luxury vacation homes. Based on the price per square meter, Caribbean destinations are up to 50% cheaper than other regions, such as Sardinia, the Hamptons, or Tuscany."

"Savills plc, the global real estate advisor, publishes the following trading statement in respect of the year ended 31 December 2024. The Group expects its full year performance for 2024 to be in line with its expectations and substantially ahead of the previous year."

"According to the „Ski Report“, published by Savills for the nineteenth time this year, Aspen, Courchevel 1850, Val d’Isère, and Verbier rank among the most expensive ski resorts in the world. Swiss resorts account for nearly half of the top 10, while French resorts for more than a third of the Savills Ski Prime Price League rankings. The average prime residential property prices in ski-renowned resorts, evaluated in the Ski Report, increased by 3.8% over the course of the past year."

"Globally, nearly US$46.6 billion was invested in the industrial & logistics (I&L) sector in Q3 2024, a 4.3% increase year-on-year and 2.1% on Q2 (on a seasonally adjusted basis), says Savills, marking the second consecutive quarter of positive sequential growth in activity, and taking cumulative global I&L turnover to US$133.4 billion in the year to the end of September."

"Boston ranks top in Savills global index of the world’s top 30 life science hubs, followed by San Francisco and the UK’s ‘Golden Triangle’ of London, Cambridge and Oxford, with the US taking a total of eight places in the top 10, according to Savills."

"Aggregate global venture capital (VC) funding to food-related companies has increased approximately 1.5 times from US$95 billion to US$226 billion in the past five years compared to the preceding period (2014-2018), says Savills, with the core food-related sub-sectors receiving 5% (US$18 billion) of all global VC raised in the year to mid-October 2024, driving an uptick in demand for real estate to service the industry."