ARTICLES LABELLED WITH TAG Savills

News Residential now accounts for 27% of global investment volume
26
Nov
2020

Residential now accounts for 27% of global investment volume

by Property Forum
Operational residential investment (which comprises multifamily, student housing and senior living assets) accounted for 27% of global real estate investment in the first three quarters of 2020, up from just 16% a decade ago, according to the Savills Global Living Report 2020.
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News Poland’s warehouse pipeline decreases despite strong take-up
24
Nov
2020

Poland’s warehouse pipeline decreases despite strong take-up

by Property Forum
This year is likely to be the best for the Polish warehouse and industrial market, predicts Savills, with leasing activity already setting an all-time high in Q1-Q3 2020. Occupier take-up predominantly came from food retailers operating without any disruption despite restrictions imposed on other retail sectors and from e-commerce, including logistics operators serving e-retailers.
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News CEE records third highest investment volume on record
20
Nov
2020

CEE records third highest investment volume on record

by Property Forum
According to Savills latest research, total property investment activity in Poland, the Czech Republic, Slovakia, Hungary and Romania for Q1-Q3 2020 was €7.6 billion, the third-highest volume on record, despite the global COVID-19 pandemic. Total investment volumes by year-end are forecast to surpass €10 billion, which would be in line with the five-year average.
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News Investment into data centres heats up in Europe
17
Nov
2020

Investment into data centres heats up in Europe

by Property Forum
Iceland, Sweden and Norway show top potential for hyperscale and cloud-scale data centre investment, followed closely by Denmark and the Netherlands according to research from Savills. The CEE region is also becoming more important in strategic plans for key players, with Poland having the potential of being in its heart.
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News Prague‘s office market remains fairly priced
03
Nov
2020

Prague‘s office market remains fairly priced

by Property Forum
According to the latest Savills research, Prague’s office real estate market is fairly priced despite some minor outward prime yield movement during the first half of the year. This broader continent-wide outward yield movement has helped push the average yield spread between prime European offices and Eurozone government bonds to 325 basis points, more than 100 bps above the historic average.
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News Savills becomes PM for Immofinanz’s Prague office portfolio
20
Oct
2020

Savills becomes PM for Immofinanz’s Prague office portfolio

by Property Forum
Immofinanz has appointed Savills as sole property manager for its portfolio of seven office buildings in Prague, Czech Republic, with effect from January 2021. The total floor area of the assets is approximately 123,000 sqm.
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News Manufacturing to create significant warehouse demand in Europe
12
Oct
2020

Manufacturing to create significant warehouse demand in Europe

by Property Forum
According to Savills’ latest research, Europe will see an additional 11.6 million sqm of warehouse demand due to the manufacturing sector by the end of 2022, based on Capital Economics forecasts data.
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News Industrial drives Poland’s investment market in Q3 2020
09
Oct
2020

Industrial drives Poland’s investment market in Q3 2020

by Property Forum
The investment volume on the Polish commercial property market is estimated to have reached €1.05 billion in Q3 2020. According to Savills, the industrial sector accounted for approximately 70% of that total, which illustrates the current investor preference for logistics properties, especially facilities dedicated to e-commerce.
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News Warsaw’s North Gate office building undergoes renovation
06
Oct
2020

Warsaw’s North Gate office building undergoes renovation

by Property Forum
North Gate, an office building in Warsaw, has seen completion of its comprehensive upgrade, with all its communal areas fully refurbished and new amenities provided to tenants.
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News COVID-19 to accelerate European e-commerce growth
02
Oct
2020

COVID-19 to accelerate European e-commerce growth

by Property Forum
According to Savills, the impact of the pandemic is set to accelerate online retail penetration by an average of one year and, in turn, drive demand for prime logistics space in Europe.
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Latest news


New leases

  • The La Mania boutique has reopened in the Westfield Mokotów shopping centre in Warsaw. Five new brands have also joined the tenants, including Apple and AB Foto.
  • Jula, the Swedish multi-market chain, is planning to open another shop in the Warsaw agglomeration. The new outlet will be established on the site of the San Park Mysiadło retail park currently under construction. The shop will occupy an area of nearly 2,500 sqm.
  • Primark has opened its first shop in Łodź, investing more than €9 million. Łódź Manufaktura is the brand's sixth location in Poland and twelfth in the Central and Eastern European region. Primark in Łódź comprises more than 3,300 sqm of retail space on one floor.

New appointments

  • Nives Grzunov as the Head of Indotek Group for Croatia, effective from September 15, 2023. In this key role, Nives will oversee Indotek's Croatian endeavours under the Dalmatie Group brand.
  • Michał Różycki has taken up the position of director of the land and residential property division at Greenfields, a Polish company that provides advice on land sales and purchase transactions.
  • Nhood Services Poland is expanding its service activities for the commercial real estate industry. Anna Wysocka has been appointed director of New Business Development, responsible for expanding the company's client portfolio in this area.

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