ARTICLES LABELLED WITH TAG Savills

23
Jul
2020

KGAL appoints new manager of Prague office complex

by Property Forum
From July 2020, KGAL Investment Management Group GmbH, based in Germany, has appointed Savills as local asset manager for DRN, an office complex on Národní St., Prague 1.
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17
Jul
2020

Poland’s H1 2020 investment volume reaches €3 billion

by Property Forum
According to Savills, commercial property investment activity hit €2.92 billion across Poland in H1 2020, up by almost 5% on the same period in 2019. Despite COVID-19 challenges, it was the second-best result in the first half of a year on record. Savills anticipates that the pandemic’s impact will be noticeable in H2 2020, but the investment volume is unlikely to fall by more than 20% compared to last year’s all-time high.
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16
Jul
2020

How long will COVID-19’s effects on Warsaw’s office market last?

by Property Forum
What will the Warsaw office market look like in the next 18 months? Experts of Savills have outlined two potential scenarios. Both scenarios foresee a short-term decrease in demand and rising vacancy rates, but with a different scale of impact of the COVID-19 pandemic on the Polish capital’s office market. Both also forecast that the market will remain resilient in the long term.
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16
Jul
2020

Savills to lease Kraków office building

by Property Forum
Savills has been appointed sole letting agent for office space in Eximius Park, an office complex on the outskirts of Kraków. The buildings of the complex have been upgraded since they changed hands and are now ready to welcome new tenants.
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09
Jul
2020

Prime industrial and shopping centre yields converge for first time ever

by Property Forum
According to Savills, the average spread between prime industrial and prime shopping centre yields across mainland Europe has converged for the first time in its historic series as demand for logistics and soars as a result of increased levels in e-commerce.
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01
Jul
2020

Savills: Warsaw is one of Europe’s top 10 cities for fintech

by Property Forum
Warsaw is among the top 10 European cities for the fintech sector. According to Savills, which prepared the ranking, the COVID-19 pandemic is accelerating the digitalisation of the banking sector and Poland provides a favourable environment for fintechs to expand.
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17
Jun
2020

Savills to lease newly completed office building in Poznań

by Property Forum
Savills has been appointed as sole office and retail space letting agent for Giant Office, a newly-completed office development in Poznań.
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02
Jun
2020

Eiffage seeks partner for Polish build-to-rent project

by Property Forum
Eiffage Immobilier Polska has appointed Savills to seek an investment partner for the development of a bespoke 453-unit build-to-rent opportunity in Warsaw within a secured development pipeline of over 2,300 units across Poland’s top five cities.
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28
May
2020

Bluehouse refurbishes Warsaw office building

by Property Forum
Marynarska Point 2, an office building in Warsaw owned by Bluehouse Capital, is currently undergoing refurbishment. As part of the work underway, its reception lobby will be fully remodelled. The building’s surroundings will also be redesigned.
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27
May
2020

Europe’s real estate investment crash to be short-lived

by Property Forum
European real estate investment activity is set to plummet by 50% before rebounding sharply within the next 12 months, according to Savills, who predicts that neither the speed or the depth of the crash will be as bad as the global financial crisis when volumes across the continent plunged by 72% between 2007-2009.
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