ARTICLES LABELLED WITH TAG Savills

News Czech investment volumes rise by 42% year-on-year
26
Jul
2021

Czech investment volumes rise by 42% year-on-year

by Property Forum
Total commercial property investment volumes climbed to €426 million in the Czech Republic during the second quarter of 2021, according to Savills latest research. This represents a 42% increase compared to the same period last year and a 47% increase in investment activity compared to the previous quarter.
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News Warsaw and Bucharest office vacancy rates to be among Europe’s highest
19
Jul
2021

Warsaw and Bucharest office vacancy rates to be among Europe’s highest

by Property Forum
Occupiers looking for quality workspace in Europe will face tough competition for the best space in the leasing market despite the most active period of new office construction in half a decade, Savills predicts. Newly developed offices set to complete in the region this year will provide 26% more space compared with 2020, says the European Office Development report.
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News Savills to commercialize Diamante Plaza in Kraków
08
Jul
2021

Savills to commercialize Diamante Plaza in Kraków

by Property Forum
Real estate advisory firm Savills has been appointed as the letting agent for the office space in Diamante Plaza in Kraków.
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News Tech occupiers set to dominate office leasing activity
22
Jun
2021

Tech occupiers set to dominate office leasing activity

by Property Forum
Savills has forecast the key ESG, investment and leasing trends for 2022 in 36 cities around the world as part of its 2021 global Impacts research programme. The international real estate advisor predicts that, globally, tech occupiers are set to dominate leasing activity, offices will be the most popular investment sector, prime real estate yields are set to remain largely static, and Asian cities are seemingly lagging behind others around the world when it comes to prioritising sustainable investment.
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News Some cities will adopt hybrid working faster
16
Jun
2021

Some cities will adopt hybrid working faster

by Property Forum
Savills has examined both employee-driven and occupier/employer-driven factors to assess which global cities may see a faster transition to hybrid working post-COVID-19. From an office occupier perspective, New York, Paris, London, Berlin and Frankfurt may be primed for a faster transition to hybrid working, given comparatively high office costs, already flexible working practices and extended lockdowns, while less flexible working cultures in Mumbai, Shanghai and Ho Chi Minh City mean that any transition to hybrid working may be slower.
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News Savills launches Resilient Cities Index 2021
16
Jun
2021

Savills launches Resilient Cities Index 2021

by Property Forum
New York, Los Angeles, London, Tokyo and San Francisco are the top five most resilient cities in the world, according to Savills, as they continue to harness their power as gateway locations, benefitting from a virtuous circle of large companies gathering to take advantage of business ecosystems and large talent bases, thereby attracting more talent, contributing to strong economic performance and robust real estate markets.
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News Savills to commercialise Grunwaldzki Office Center in Wrocław
08
Jun
2021

Savills to commercialise Grunwaldzki Office Center in Wrocław

by Property Forum
Real estate advisory firm Savills has been appointed as sole letting agent for office space in the Grunwaldzki Center in Wrocław.
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News Savills: Warsaw's office market is still very attractive
27
May
2021

Savills: Warsaw's office market is still very attractive

by Property Forum
According to Savills latest research, London City and West End, Paris and Warsaw’s office markets appear most attractively priced in Europe this year due to the opportunity for yield compression and/or attractive yield spreads to risk free rates.
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News Construction volume of Czech industrial market reaches all-time high
24
May
2021

Construction volume of Czech industrial market reaches all-time high

by Property Forum
According to Savills, the development pipeline for the Czech industrial market reached the highest level in history in Q1 2021. There were 47 industrial buildings in various stages of construction with a total rentable area of 734,200 sqm across the country. Speculative projects represented 36% of this construction pipeline, which was well below the 10-quarter average of 46%.
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News Food and grocery become the new core in retail investment
05
May
2021

Food and grocery become the new core in retail investment

by Property Forum
According to Savills, the food sector is becoming the new core in retail property investment. Last year, for the first time, investments in supermarkets, hypermarkets and food discount stores accounted for a record 21% of total European retail activity, up from a five year average of 7%.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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