News

Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Property Management

Romaest is the first shopping centre in Italy to install Amazon's Alexa

"Rome – Romaest, a leading shopping centre managed by Savills in Rome, has today announced that it is the first retail destination in the country to use Amazon’s Alexa technology. The aim of the project, which maximises the use of AI (artificial intelligence), is to facilitate and consolidate the centre’s daily relationship with its customers through the additional skills of Amazon’s intelligent assistant."

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News

Simplifying developer contributions – final outcomes of government consultation

"The Government’s ‘fixing our broken housing market’ agenda has long targeted the simplification of developer contributions. Following consultation in autumn 2018 and then again in January 2019, changes to the Community Infrastructure Levy regulations have now been laid before Parliament.  It is the Government’s intention that these will come into force on 1 September 2019."

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News

Almost half of office space under construction across Europe is already pre-let

"According to Savills latest European office report, almost half (45%) of office space under construction (2019 and 2020 pipeline) is already pre-let as vacancy rates dropped from 6.1% to 6% in Q1 2019, 100bps below Q1 2018. The sectors that have been driving demand since 2018 are Technology and Media, followed by Professional and Business services."

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