ARTICLES LABELLED WITH TAG Savills

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. 

Savills has published its latest report on the Polish industrial and logistics market, confirming growing interest from both investors and tenants in the first half of 2025. Warsaw and the surrounding areas have now exceeded 7 million sqm of modern space, strengthening their role as a key logistics hub in Central Europe.

Savills has announced that David Štrouf, an investment professional with a background in Private Equity and Real Estate consulting, has joined the Savills Investment team as Associate Director. 

In Prague, more people are seeking professionally managed apartments offering flexibility and a certain standard of service. According to the Savills Rental Housing in Prague report, the popularity of rental housing is growing, with the institutional sector attracting both investors and tenants.