ARTICLES LABELLED WITH TAG Savills

In the first half of 2025, Warsaw saw the delivery of 85,200 sqm of new office space — a 34% increase compared to the same period last year. However, the volume of space under construction has dropped to a historic low of 140,000 sqm. Despite a slight 5% decline in total demand year-on-year, tenant activity remains stable, with strong interest in top-quality, centrally located projects. Savills reports.

Accolade is expanding into South Bohemia with the acquisition of GARBE Park České Budějovice from GARBE Industrial Real Estate.

Savills has been appointed to manage a selection of major properties owned by Yareal Polska. The portfolio includes buildings C, D, and E within the Lixa office campus, the Wspólna 47/49 office building, and the retail component of the mixed-use complex Soho by Yareal, totalling more than 67,000 sqm of space.

According to Savills' global network research, almost 90% of respondents are anticipating an increase in daily office attendance requirements from companies this year. One of the main drivers of this change is Generation Z.

Arete has completed the sale of its logistics complex, Arete Park Rokycany II, to the Reico Long Lease fund managed by Reico investiční společnost Erste Asset Management.

Savills has successfully concluded the disposal of an industrial property in Olomouc to Conseq Funds investiční společnost. The property is located in the southern part of Olomouc, in a key industrial zone. 

Over the past few decades, the structure of the Prague office market has evolved into twelve major office hubs, reports Savills in its Prague Office Hubs 2025. These areas form the City’s largest concentrations of high-quality office space.

The intensive construction of warehouse and production facilities for lease across the Czech Republic continued into the first quarter of 2025, according to the analysis of demand and availability of modern industrial space by Savills. However, supply remains insufficient in certain key markets, particularly in Prague and Brno. 

European commercial real estate investment volumes are forecast to grow by 13% in 2025, but Central and Eastern Europe (CEE) is expected to outperform this average, with a projected 32% year-on-year increase, reports Savills. 

Only one office project was completed in the Prague office market during Q1 2025, adding 8,700 sqm to the total stock of 3.96 million sqm, reveals Prague Research Forum in its Office Market Figures for Q1 2025.