ARTICLES LABELLED WITH TAG Savills

News Shopper Park Plus expands CEE retail portfolio
18
Mar
2025

Shopper Park Plus expands CEE retail portfolio

by Property Forum
Shopper Park Plus Nyrt has acquired a portfolio of four retail parks on behalf of its Slovakian affiliate, directly from Tesco in a sale and leaseback transaction. The four retail parks are located in Žilina, Nitra, Trnava and Dunajská Streda, with each of the centres being anchored by a Tesco grocery store on a new long lease. 
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News Q1 RE investment volumes in Czechia to surpass €1 billion
13
Mar
2025

Q1 RE investment volumes in Czechia to surpass €1 billion

by Property Forum
More than €1 billion worth of commercial properties were already transacted in Q1 2025 in the Czech Republic, representing a 180% increase compared to the same period last year, according to Savills. 
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News Prague office market suffers from supply/demand imbalance
25
Feb
2025

Prague office market suffers from supply/demand imbalance

by Property Forum
According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures.
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News Dresden gigafactory to drive demand for Czech industrial space
11
Feb
2025

Dresden gigafactory to drive demand for Czech industrial space

by Property Forum
According to the Savills European Industrial and Logistics Occupier Markets report, the industrial real estate market is expected to experience a breakthrough year, potentially leading to a significant market recovery. Stabilisation of demand and gradual absorption of speculative warehouse developments completed in the past year is expected in the Czech Republic.
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News Challenges on Prague office market persist
27
Jan
2025

Challenges on Prague office market persist

by Property Forum
Vacancy rate in the Prague office market decrease in Q4 2024 has been the largest since 2018, reports Prague Research Forum in its Office Market Figures for Q4 2024 and 2024. The report has also revealed the record annual take-up and the overall situation of the market. 
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News Prague's Myslbek centre changes ownership
22
Jan
2025

Prague's Myslbek centre changes ownership

by Property Forum
The Myslbek office and retail complex on Prague’s centrally located Na Příkopě Street has been purchased by Max Realitní Fund. 
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News Czech market reaches turning point
17
Jan
2025

Czech market reaches turning point

by Property Forum
According to Savills Investment Research, the commercial property market in the Czech Republic is expected to start strongly in 2025, with investment volumes projected to reach approximately €900 million in the first two months alone. 
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News Savills expands in Serbia
16
Jan
2025

Savills expands in Serbia

by Property Forum
Savills has entered into an association with Cortina in Serbia to support its expansion in Europe. 
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News ČMN acquires office and retail portfolio
20
Dec
2024

ČMN acquires office and retail portfolio

by Property Forum
The investment group Českomoravská Nemovitostní (ČMN) together with the NEMO fund have completed the acquisition of a portfolio from the real estate fund NOVA Real Estate worth approximately CZK 5 billion (€199 million). 
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News European luxury high street yields stay stable
17
Dec
2024

European luxury high street yields stay stable

by Property Forum
According to Savills research, European retail investment volumes reached €19 billion for Q1 to Q3 2024, marking a 6% increase compared to the same period last year. Luxury high street yields are the most favourable among retail investment properties.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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