ARTICLES LABELLED WITH TAG Savills

News Regional activity in Poland pushes average vacancy rates up
10
May
2023

Regional activity in Poland pushes average vacancy rates up

by Property Forum
New office supply in the first three months of 2023 totalled 68,100 sqm and was delivered in three cities only: Kraków, Wrocław and Tricity. According to Savills, at the end of March, over 1 million sqm of office space was vacant, equating to an average vacancy rate of close to 16%.
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News European offices and logistics remain shielded from energy shocks
25
Apr
2023

European offices and logistics remain shielded from energy shocks

by Property Forum
According to Savills’ latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.
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News Warsaw's office market is facing a year of challenges
19
Apr
2023

Warsaw's office market is facing a year of challenges

by Property Forum
No new office completions were noted in Warsaw during the first quarter of 2023, with office take-up falling by 40%. Key challenges facing office tenants hoping for an economic turnaround, as forecast by real estate advisory firm Savills, include a substantial increase in service charges which are expected to rise by 30-60%, depending on the type and class of an office building. 
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News Logistics continues to outperform despite economic uncertainty
17
Apr
2023

Logistics continues to outperform despite economic uncertainty

by Property Forum
According to Savills' latest European logistics outlook, the take-up of industrial and logistics space across the continent totalled 37.5 million sqm in 2022. Despite ongoing economic uncertainty, this signifies a fall of only 6% on 2021’s total of 40.2 million sqm, which was a record high for the sector.
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News Polish warehouse market  to reach 30 million sqm
29
Mar
2023

Polish warehouse market to reach 30 million sqm

by Property Forum
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability are likely to result in a supply gap in the space of the next year or so, says real estate advisory firm Savills.
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News Poland's PRS market closes 2022 with €1.8 billion in investments
13
Mar
2023

Poland's PRS market closes 2022 with €1.8 billion in investments

by Property Forum
The estimated value of transactions in the Polish institutional rental market exceeded €1.8 billion at the end of 2022, most of which were contracts for projects under development (forward contracts), according to the latest DLA Piper and Savills report – PRS market in CEE. Experts expect that high real estate prices and the declining availability of mortgages will generate increased demand for apartment rentals in the coming years, and thus attract new investments to this market segment.
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News Savills expands its management board in Poland
13
Mar
2023

Savills expands its management board in Poland

by Property Forum
Real estate advisory firm Savills has strengthened its management board in Poland with the appointment of three new members acting as business line directors. 
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News Cube Office Park in Gdańsk gets a green makover
23
Feb
2023

Cube Office Park in Gdańsk gets a green makover

by Property Forum
CUBE Office Park in Gdansk is currently going through a green transformation process. The refurbishment of the reception lobby in building A, which was completed last year, is just a glimpse of what tenants may expect in the near future. CUBE Office Park is managed by TFG Asset Management while real estate advisory firm Savills is the sole letting agent for office space in the complex.
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News Warsaw office market enjoys high letting activity
20
Feb
2023

Warsaw office market enjoys high letting activity

by Property Forum
In 2022, the Warsaw office market recorded one of the highest levels of demand in history at over 860,000 sqm, with its structure including a preponderance of new leases and relocations, as well as expansions over renegotiations. According to the consulting firm Savills, despite the fact that nominal rents are stable and rising mainly due to indexation, service charges, which represent an increasing proportion of the total rental costs.
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News Emons significantly expands Czech logistic network
06
Feb
2023

Emons significantly expands Czech logistic network

by Property Forum
International logistics and transport company Emons is significantly expanding its network of logistics centres in the Czech Republic. As of February 2023, it will open its new logistics centre in Ostředek, close to the D1 motorway. Advised by Savills Czech Republic and Slovakia, it has leased over 6,000 sqm of warehouse space at Sázava Logistics Park, which was built by development and investment company UDI Group.
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Latest news


New leases

  • Coci E-Motion, a Polish electric bicycle manufacturer, leased over 4,200 square meters of space within City Logistics Warsaw IV in Annopol by Pannatoni. Cushman & Wakefield advised Coci E-Motion during the negotiations.
  • Another brand from the CCC Group portfolio has joined the tenants of Galeria Sudecka in Jelenia Góra. The new CCC store will occupy 725 sqm of space. Customers can also do their shopping at the new Rossmann drugstore (450 sqm).
  • The EPP-owned Galaxy shopping centre in Szczecin is strengthening its offer by developing its partnership with HalfPrice. The relaunched showroom now has a wider assortment and larger floor space - about 3,200 sqm.

New appointments

  • Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
  • Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.
  • Karol Czupryński has joined the management board of Empik. He will take the position of Chief Commercial Officer. Czupryński has previously worked at Allegro, Procter & Gamble and Boston Consulting Group, among others.


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