ARTICLES LABELLED WITH TAG Savills

News Czech  industrial vacancy falls to historical low
08
Mar
2021

Czech industrial vacancy falls to historical low

by Property Forum
Modern industrial stock in the Czech Republic grew by 314,800 sqm in H2 2020, indicating a mild (7%) decline in construction activity compared to H1. The total industrial inventory intended for lease according to the latest Savills report totalled 9.11 million sqm and 62% of the total inventory was held within the three largest submarkets of Prague (3.21 million sqm), the Pilsen region (1.33 million sqm) and the South Moravia region  (1.15 million sqm).
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News Czech investment volume down only 11% in 2020
01
Mar
2021

Czech investment volume down only 11% in 2020

by Property Forum
Commercial property investment volume in the Czech Republic amounted to €797 million in H2 2020 with 60% of the H2 transaction volume (i.e. €478 million) being for properties located in Prague, according to Savills research.
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News Savills: warehouses as the biggest winner of the pandemic
25
Feb
2021

Savills: warehouses as the biggest winner of the pandemic

by Property Forum
A quarter of all modern warehouse and industrial space in Poland was transacted in 2020, says real estate advisory firm Savills in its latest report. Despite the pandemic, take-up hit record levels last year, reaching more than 5 million sqm, while Poland’s total logistics stock surpassed the 20 million sqm mark.
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News InPost will launch a warehouse in Prologis Park Chorzów
24
Feb
2021

InPost will launch a warehouse in Prologis Park Chorzów

by Property Forum
InPost, which owns a network of parcel lockers Paczkomaty®, will launch a new 6,000 sqm logistics centre in Prologis Park Chorzów. One of Poland’s largest logistics operators was advised on the transaction by real estate advisory firm Savills.
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News Warsaw's office market is changing
11
Feb
2021

Warsaw's office market is changing

by Property Forum
In 2020, office take-up hit its lowest level in ten years amid pandemic headwinds despite the largest-ever single lease contract signed to date and one of the highest volumes of new office space coming onto the Warsaw market on record, says real estate advisory firm Savills. Rents remained resilient and the overall vacancy rate is still below the levels last seen during the previous supply peak five years ago.
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News Investors will look for warehouses and PRS projects in Poland
19
Jan
2021

Investors will look for warehouses and PRS projects in Poland

by Property Forum
Savills top picks for value-add investors this year are logistics developments in undersupplied markets such as the Nordics and Spain, short-term income sectors such as flexible offices and student housing, which are likely to recover in the second half of this year, and multifamily developments in markets with rising demand for rental such as Southern and Eastern Europe.
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News Warehouses outerperform this year
14
Dec
2020

Warehouses outerperform this year

by Property Forum
2020 has been dominated on the commercial real estate market in Poland by the pandemic, whose impact varied from sector to sector though. The pandemic has, however, given rise to or accelerated a number of developments, some of which are likely to stay with us for longer. Real estate advisory firm Savills explores future trends in its preliminary summary of 2020 and its outlook for the next 12 months.
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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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Latest news


New leases

  • SoftServe has opened an office in the Lubicz Park building in Kraków's Grzegórzki district. The software company has taken up approximately 660 sqm.
  • Global brokerage firm Mercer, part of the Marsh McLennan Group, has renegotiated its lease at the myhive Nimbus building in Warsaw and remains at 7,300 sqm. As of 2021, the building is owned by CPI Property Group Poland.
  • Baskervill, an international architectural, engineering, and design firm, opened up its office in Gdańsk. A 200-sqm space is located in Officyna building.

New appointments

  • MLP Group’s management team has added new members - Katarzyna Misztal (Leasing Manager), Paweł Reszczyński (Senior Land Acquisition Manager), Zuzanna Pukaluk , Mateusz Sobczak (both a Project Managers) and Szymon Grochowski ( Land Acquisition Manager). In their new roles, they will be entrusted with land acquisition and preparation for upcoming projects, oversight over construction and project work, space commercialisation and tenant relationships.
  • Zuzanna Paciorkiewicz, PhD, has been appointed as Head of Asset Services CEE at Cushman & Wakefield following her tenure as Co-Head with Ondřej Fukal.
  • Walter Herz consulting company has announced promotions in the Marketing and Sales team as well as the Tenant Representation team. Karolina Migdał-Koleśnikow has taken on the position of Sales & Marketing Director, and Michał Porzycki has assumed the role of Head of Tenant Representation Warsaw.

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