News

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

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News

Report

Savills publishes China Retail 20 Cities report

"China is the second-largest retail market in the world and is expected to overtake the United States in the near future. Savills recently published the 2019 edition of its “China 20 Retail Cities” report, which analyses 50 leading retailers’ expansion rates over the last 12 months and looks at which cities are likely to see future retail expansion, given economic and demographic changes. The report also examines recent trends, including Chinese brands’ overseas expansion, as well as the potential for significant development of the tourism retail sector."

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News

Office & Business Space

Friendship Tower topping out event

"Friendship Tower, a Grade A building in District 1, HCMC offically ‘topped out’ on August 8th 2019; handover is expected in Q1/2020."

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News

Residential

Slowdown across world cities prime residential markets continues

"Savills World Research recently announced Savills World Cities Prime Residential Index 1H2019. Price growth across the world’s leading prime city housing markets has continued to slow during the first half of 2019, due to Government policy, the cost of money, increased supply and global economic uncertainty."

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News

Research

Savills World Cities Prime Residential Index H1 2019

"Hong Kong – 07 Aug 2019 Price growth across the world’s leading prime city housing markets has continued to slow during the first half of 2019, rising by just 0.4%, taking the annual growth to 0.7%. This compares to a 5.1% YoY increase in the year to June 2018. All six cities tracked in Greater China recorded solid growth, with Hong Kong topping the table as the world's most expensive housing market."

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