Savills News

Take a walk to the local high street. Compared to a few years ago, they may notice many more “To Let” signs in empty shop windows.  It comes as no surprise given the number of shocks to the economic system over the last five years, ranging from COVID-19 to international conflicts, all of which have led to various consequences, such as energy price hikes, interest rate increases, and a general shift in many people's work patterns and consumer behaviour. Vacant retail space The...

Contractors working on data centre construction are being warned about a costly oversight that could lead to downtime and costly remedial work, according to a new sector report. The concern is being raised around incorrectly designed and installed flying for backup generators leading to overheating and system failure during grid outages. Critical infrastructure malfunction-related downtime may not only lead to steep penalties for data centre operators but also reputational damage for the c...

Bosch Building Technologies has installed a digital public address and voice alarm system – Praesensa, at the Telford Shopping Centre, located in Telford, in the United Kingdom (UK). On 25 acres of commercial space, the IP-based Praesensa system from Bosch now provides music, announcements, and emergency alerts for retail stores, restaurants, as well as hotels and a cinema, located in the shopping mall. Future-proof and IP-networked solution The shopping mall operator was looking to upg...