ARTICLES LABELLED WITH TAG Europe

The International Facility Management Association (IFMA) and its alliance partner Facility Management Netherlands (FMN) have announced that in 2020 World Workplace Europe will again be held at the Kromhouthal in Amsterdam, 18 to 20 March. Property Forum is proud to support the event as media partner.

Savills Investment Management prefers long-lease income streams in 2020 instead of value-add and opportunistic strategies that depend on economic and strong employment prospects. The international real estate investment manager published its market outlook.

Värde Partners, a leading global alternative investment firm, entered into a definitive agreement to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to Covivio, a European real estate operator, through its subsidiary Covivio Hotels. The portfolio includes New York Palace and New York Residence in Budapest and Carlo IV in Prague.

GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a pan-European logistics real estate portfolio (Maximus) from funds managed by affiliates of Apollo Global Management, Inc., a leading global alternative investment manager, for a net consideration of approximately €950 million. This acquisition is in line with GIC’s strategy to scale up its fully-owned P3 logistics platform and reinforce P3’s position as a leading developer and manager of logistics properties in Europe. 

Poland-based proptech company Velis Real Estate Tech announced that its facility management software Singu FM has been implemented across Prologis’ EU portfolio and six U.S. markets. Prologis is a global leader in logistics real estate with a focus on investing in technology that helps customers solve their pain points and run their businesses as efficiently as possible. 

European office take-up is forecast to reach 9.2 million sqm by the end of 2019, down 4% from 2018’s end-year volume. Prague is expected to exceed that decline, with take-up predicted to fall by 22% to 400,000 sqm as demand for office space in the Czech capital continues the downward trend that began in Q2, according to the latest Savills research.

A Europe-wide proliferation of new eating and drinking concepts is driving demand for real estate, according to new research published by Colliers International.

Many expect to double commitment to coworking in the next five years, according to a survey by Cushman & Wakefield and CoreNet Global. Cushman & Wakefield has released a report that reveals corporate perceptions of the value of flexible workspace and coworking strategies.

According to Savills, more than €700 million has been invested in the senior living sector across the UK and Europe since the beginning of the year, which is the highest level ever recorded. In Poland, the market in this sector is on an early stage of development but has great potential.

What’s next for the office market? What do occupiers want? What effect would an economic slowdown have on development? Heads of the European offices of real estate advisory firm Cresa talked about business opportunities and risks, and the global political uncertainty at their annual conference in Warsaw.