ARTICLES LABELLED WITH TAG Savills

According to the latest Savills report, the supply of modern office space in Poland's eight largest regional cities reached 6.73 million sqm. While the market shows signs of stabilisation, new supply has slowed significantly. Between January and September, only 18,000 sqm of office space was delivered - 76% less than in the same period of 2024.

European investors are shifting capital from traditional commercial real estate to operational sectors, with purpose-built student accommodation (PBSA) emerging as the most sought-after segment for the first time, according to Savills' investor sentiment survey.

Finding a vacant space in the highest-quality office buildings in central Prague has proven to be a mission impossible. According to Savills’ analysis, vacancy in AAA properties has consistently remained at zero.

Warsaw's office market is entering a mature phase, characterised by concentration of new supply in central zones and historically low vacancy rates in the city centre. According to Savills Poland's latest report, 88,700 sqm of new space was delivered from the beginning of the year to the end of the third quarter, while the volume of projects under construction dropped by 50%.

Savills has been appointed as technical partner for Reico Nemovitostní fund's rental housing projects in Prague. The fund acquired two developments last year: Nový Opatov G1 and Stodůlky – Britská čtvrť A, B1, B2. Savills provides technical due diligence and construction monitoring for both projects.

Knihobot is expanding and moving into a new industrial space in Prague’s Hostivař. Savills has brokered the long-term lease, with Knihobot set to move in from January 2026.

Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.

Savills has made a key investment appointment by hiring David Sajner, a seasoned professional in commercial investment specialising in transactions and acquisitions, who has successfully executed dozens of deals, with many exceeding €100 million. 

Investment in Europe's residential sector has grown by 15% year-on-year to €13.3 billion in H1 2025, according to Savills. However, Romania remains at the bottom of the list for institutional residential investments. 

Only 14% of office buildings across the Prague market have achieved an Energy Performance Certificate in class A or B, with older properties having a higher probability of being classified in lower energy performance classes. An internal Savills survey, covering dozens of properties, has revealed that a significant proportion of Prague’s office stock is facing the need for modernisation.