Tag Archives: Savills

Foreign investors continue to eye up dealer groups in the UK with their property value a magnet for potential takeovers. That’s a key finding of the Automotive Annual Market Commentary from property expert Savills, which charted investments made by foreign investors in the past two years. Acquisitions included US dealer Group 1 paying £346m for Inchcape’s UK dealer business and ...

Agency is opening up opportunities for dual-franchising and doing business with new Chinese brands entering the UK market. That is a key finding of the latest Savills Spotlight Research on the UK Automotive Market, which forecast further consolidation in the sector with some brands reducing their footprint and more dealer group acquisitions and restructuring. “The agency model will inevitably require ...

Motor Trader has revealed the latest update on the MT Retailing EXPO agenda which takes place in Silverstone on 17 October. Billed as the ultimate event for the car industry, the event is targeted at dealers with exclusive access to keynote speakers from big name companies, including Microsoft and Savills, who will reveal their secrets and tips for success. Award-winning ...

Selected car dealerships can benefit from installing chargers on site as rental income increases. That’s the view of Savills which said that retail parks, PFS, supermarkets, office blocks and car dealerships should be considering the benefits of establishing a public charging hub within their site if they can secure a grid connection. The latest Spotlight from Savills “Electric Vehicle Charging ...

Investment in car dealership property reached one of its highest levels on record in 2022 at £371m, up 39% on 2021 and significantly above the ten year annual average of £258m, according to the latest Savills Motor Retail Market report. Investment sales volumes were only higher in 2014. Following a strong start to the year prime yields at the end ...

Property giant Savills is pushing hard into automotive with the acquisition of Automotive Property Consultancy (APC), the specialist property consultancy dedicated to the franchised motor retail sector. Savills is eyeing up the sector which is expected to see unprecedented change with electrification and environmental change in the next decade. Bill Bexson established APC in 2005, building a client base ranging ...