ARTICLES LABELLED WITH TAG Savills

News Real estate set to remain in demand as an asset class
20
May
2020

Real estate set to remain in demand as an asset class

by Property Forum
Savills has examined the key trends set to determine future global real estate investment activity in a series of articles and interviews launched today as part of its Impacts research programme, where the international real estate advisor studies the various social, environmental, demographic and technological ‘tipping points’ immediately facing global real estate.      
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News Prologis offers temporary lease in Polish park
14
May
2020

Prologis offers temporary lease in Polish park

by Property Forum
Due to the recent growth of interest in online shopping driven by the coronavirus pandemic, a leading logistics operator in Poland has decided to expand its warehouse footprint by leasing 15,000 sqm of temporary space in Prologis Park Piotrków Trybunalski I. Savills assisted one of e-commerce leaders in Poland in the leasing process.
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News Poland’s warehouse market remains resilient
11
May
2020

Poland’s warehouse market remains resilient

by Property Forum
The industrial sector is considered one of the most resilient to the negative economic consequences of the Covid-19 outbreak as it benefits from the growing popularity of online shopping, especially in recent weeks. Although there is not much difference between market data for Q1 2020 and Q1 2019, opportunities and risks for the logistics sector resulting from the current situation will not be known until later months, depending on how the pandemic unfolds, according to Savills.
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News Savills: COVID-19’s impact on global markets less negative now
27
Apr
2020

Savills: COVID-19’s impact on global markets less negative now

by Property Forum
In its latest global sentiment survey among its researchers around the world of the impact of Covid-19, Savills says that the outlook has improved slightly, with 19% of countries reporting a severe negative impact on their real estate markets due to the pandemic – an improvement compared to 29% in its previous survey conducted on 31st March - and 74% describing a moderate negative impact (opposed to 67% at end of March).
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News Companies to look for more flexible lease terms in Warsaw
20
Apr
2020

Companies to look for more flexible lease terms in Warsaw

by Property Forum
The coronavirus pandemic has had a relatively benign effect on the Q1 2020 Warsaw office market figures, according to the latest Savills research. However, tenants already started to optimize costs which soon may increase the number of lease renewals and subleases. Companies will look for more flexible lease terms and cost-effective locations.
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News Savills to manage Warsaw office building
14
Apr
2020

Savills to manage Warsaw office building

by Property Forum
OKAM Global Commercial, a new commercial real estate company founded by residential developer OKAM Capital, has appointed Savills as property manager for its recently acquired office building at 16 Lindleya Street in Warsaw.
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News Romania’s investment market performs well in Q1 2020
09
Apr
2020

Romania’s investment market performs well in Q1 2020

by Property Forum
With a total volume of approximately €120 million in the first quarter, the Romanian investment market had a similar start compared with the same period in 2019, when the volume of transactions was €117.5 million. An optimistic scenario puts the total volume of investments for 2020 at €750 million, while a pessimistic one somewhere at €500 million. Crosspoint Real Estate has issued its latest market report on the Romanian real estate market’s performance.
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News Savills: 67% of countries see a ‘moderate negative impact’ from COVID-19
07
Apr
2020

Savills: 67% of countries see a ‘moderate negative impact’ from COVID-19

by Property Forum
In its first of a series of global sentiment surveys, Savills has assessed the initial impact of COVID-19 on transactional and occupier markets around the world, with 67% of countries currently reporting a moderate negative impact, and 29% citing a severely negative impact.
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News Savills: Czech real estate assets still offer superior returns
31
Mar
2020

Savills: Czech real estate assets still offer superior returns

by Property Forum
The COVID-19 pandemic is hitting the global economy hard, with all real estate sectors in the Czech Republic affected to varying degrees. But in the subsequent low interest rate environment, Czech real estate as an asset class should continue to offer superior returns, according to the latest research from Savills.
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News Savills becomes sole letting agent of Warsaw office complex
23
Mar
2020

Savills becomes sole letting agent of Warsaw office complex

by Property Forum
Savills has entered into a partnership with the owner of Vipol Plaza and has been acting as a sole letting agent for the office complex since early 2020. The property is located near the new section of Warsaw’s second metro line.
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Latest news


New leases

  • Sii Polska has extended its lease of almost 4,700 sqm of office space in the Metron office building in Warsaw until 2029. The company, which has been present in the building since 2011, is its largest tenant.
  • ING Hubs Poland has become the first tenant at Lincoln Property Company’s flagship office building in Warsaw, The FORM , after agreeing to lease more than 7,000 sqm of space.
  • Polish retailer Wittchen will open the first store in Romania within the ParkLake Shopping Center in Bucharest. The transaction was brokered by Cushman & Wakefield Echinox.

New appointments

  • Anna Vondrackova has joined the team of REassurance company as Senior Transaction Advisor in Prague. She has a solid background as a real estate lawyer and brings strong legal knowledge.
  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.

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