ARTICLES LABELLED WITH TAG Europe

As part of its 2022 Savills "Impacts" research programme, the global logistics sector has the wind behind it for the foreseeable future, with the main drivers being ecommerce, and the race for additional warehouse space to secure international company supply chains.

According to Savills latest research, over 5.7 million sqm of new office space will be completed in Europe in 2022, of which 49% is currently pre-let. In Warsaw, Savills forecasts that a rebound in demand and an undersupply of new office stock will translate into visibly shrinking availability.

Cushman & Wakefield’s latest DNA of Real Estate research, covering trends in prime rents and yields across Europe, highlights further strengthening in leasing and investment markets in the first quarter of 2022 as economies fully reopen from the pandemic.

IWG plans to add thousands of locations in the upcoming period as it sees pent-up demand for flexible office spaces across the world. At MIPIM, Property Forum talked to Thomas Sinclair, Chief Investment Officer and Giles Bateman MRICS, Regional Development Director – Continental Europe at IWG about the benefits of flexible spaces for corporates and the post-pandemic development of offices.

Once again, in Q4 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (25.8%) and a quarter-on-quarter (5.7%) comparison, well above the EU averages of 10% and 2.1%, respectively, according to Eurostat’s house price index.

​Given that the global tech giants are primarily headquartered outside Europe, analysing the recent trends in Foreign Direct Investment (FDI) can help to identify which locations are proving attractive for data centre operations. Cushman & Wakefield’s latest findings confirm that the largest investment activity continues in mature tech and financial hubs in Western Europe. A key driver for activity in this group of locations is the proximity to the high economic activity of these increasingly digitised markets, writes Dimitris Vlachopoulos, Partner, Head of Portfolio & Location Strategy, EMEA for Cushman & Wakefield.

Europe’s fundamental mismatch between voracious housing demand and the limited supply is driving massive investment growth in the residential sector and will continue to generate opportunities even amid geopolitical and economic uncertainties, according to a new report by Colliers.

Multi Corporation, one of the largest commercial asset management companies in Europe, announced the completion of a management buyout from funds managed by Blackstone.

The leading logistics developer has made a €21 billion offer for a huge chunk of „last mile” properties, Bloomberg reports. None of the parties made comments on the news but Blackstone said earlier that a capital increase worth €21 billion was on the agenda.

Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70 billion, a 19.5% increase year-on-year. Despite geopolitical events, the real estate advisor expects solid European investment activity for the remainder of the year, notably fuelled by large portfolio and entity deals.