ARTICLES LABELLED WITH TAG Savills

News Nrep buys controlling stake in 7R
10
Aug
2023

Nrep buys controlling stake in 7R

by Property Forum
Nrep, the ESG-focused real estate investor with €19 billion of assets under management, has purchased a controlling stake in Polish industrial developer 7R. Following the deal, Nrep will invest around €200 million of new equity in the company.
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News Global demand for PBSA, care homes and data centers grows
01
Aug
2023

Global demand for PBSA, care homes and data centers grows

by Property Forum
1.2 billion sqm of space is required globally in the next decade to satisfy the growing demand for the top three ‘alternative’ property sectors, providing a major opportunity for investors, says Savills.
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News Office supply to shortly bounce back in Warsaw
19
Jul
2023

Office supply to shortly bounce back in Warsaw

by Property Forum
The Warsaw office market is seeing signs of upcoming renewed development activity, says Savills. Three new office buildings were delivered in the first half of 2023, but a significant increase in new supply is not expected until 2025.
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News Czech manufacturing industry drives demand for warehouse space
11
Jul
2023

Czech manufacturing industry drives demand for warehouse space

by Property Forum
Since the second half of 2022, Savills has seen an increase in demand from manufacturing companies for modern warehouse space in the Czech Republic, accounting for 57% of the total space leased in the first quarter of 2023. One of the reasons why demand from this sector is growing is "nearshoring", i.e., the shift of production from Asia back to Europe. During Covid-19, demand was significantly driven by the e-commerce sector, which at its peak in Q3 2021, accounted for up to 62%. However, over the last three quarters, e-commerce activity has declined significantly and, as of Q1 2023, is now at 6%. Given uncertain energy supply and costs, and thanks to government support of renewable energy, demand from this sector is also growing significantly.
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News Savills to be sole letting agent for Wrocław office building
10
Jul
2023

Savills to be sole letting agent for Wrocław office building

by Property Forum
HIH Invest Real Estate has appointed real estate advisory firm Savills as the sole letting agent for vacant office space in Sagittarius Business House, located in Wrocław, Poland.
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News Industrial and logistics rents set to continue to rise in Europe
20
Jun
2023

Industrial and logistics rents set to continue to rise in Europe

by Property Forum
According to Savills, growth in prime rents is set to remain robust across the continent having increased by 10.4% in the last four quarters. This is despite vacancy creeping up to 3.5% in Q1 2023, reflecting the impact of slower leasing activity.
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News Czech market leads with high industrial investment stability
15
Jun
2023

Czech market leads with high industrial investment stability

by Property Forum
Industrial investment volumes in Europe declined by 49% quarter-on-quarter, which was a 73% decline compared to Q1 2022. The Czech Republic is one of the three countries that has recorded the smallest decline in investment volumes year-on-year, Savills reported in the latest European Logistics Outlook. 
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News Savills secures 7,500 sqm lease for IRE-TEX in Pardubice
06
Jun
2023

Savills secures 7,500 sqm lease for IRE-TEX in Pardubice

by Property Forum
IRE-TEX Praha, which designs, manufactures, and supplies packaging solutions, is moving part of its production, warehouse and offices to new premises in the Fáblovka industrial zone in Pardubice from October 2023. Savills mediated the five-year lease of the entire 7,500 sqm hall. IRE-TEX has two more production halls in Pilsen.
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News Regional activity in Poland pushes average vacancy rates up
10
May
2023

Regional activity in Poland pushes average vacancy rates up

by Property Forum
New office supply in the first three months of 2023 totalled 68,100 sqm and was delivered in three cities only: Kraków, Wrocław and Tricity. According to Savills, at the end of March, over 1 million sqm of office space was vacant, equating to an average vacancy rate of close to 16%.
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News European offices and logistics remain shielded from energy shocks
25
Apr
2023

European offices and logistics remain shielded from energy shocks

by Property Forum
According to Savills’ latest research, European offices and logistics are the two commercial real estate sectors most shielded from energy shocks as utility costs account for a relatively small share of total business spending.
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Latest news


New leases

  • Empik has joined the tenants of Agora Bytom. The nearly 210 sqm space offers books, magazines, as well as accessories and toys for children. The contract has been signed for five years.
  • Galeria Jurajska in Częstochowa is strengthening its offer in the sports segment. Salewa, which operates in the mountaineering equipment market, has made its debut in the shopping centre. The brand has leased 146 sqm of the retail space.
  • A new iSpot Apple Premium Reseller store has opened in Galeria MM in Poznań. This is the fourth iSpot location in this cty. The sales floor of the newest store is approximately 100 sqm.

New appointments

  • 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.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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