ARTICLES LABELLED WITH TAG Savills

News Branded residential schemes are still missing in Czechia
01
Dec
2023

Branded residential schemes are still missing in Czechia

by Property Forum
A number of branded residential schemes increased by over 160 percent in the last ten years. The residential sector became attractive even for prestigious "brands" from non-residential sectors such as Versace, Fendi, Armani or Tonino Lamborghini and they have also expanded their presence into this segment across major cities around the globe. Nevertheless, the concept of branded residences is not present in the Czech Republic yet, says a Savills report. 
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News Corporates continue to increase share of flexible
23
Nov
2023

Corporates continue to increase share of flexible

by Property Forum
According to Workthere.pl’s latest Flexmark report, larger companies (101+ people) and scale-ups (21-100 people) now account for 54% of global flexible office members, compared with 42% of members last year. The flexible office specialist notes that this increase is also reflected in take-up levels with these larger companies accounting for 34% of global take-up in flexible offices, compared to 22% in 2022 and just 13% in 2020.
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News Regional cities in Poland see demand for office space grow
16
Nov
2023

Regional cities in Poland see demand for office space grow

by Property Forum
New office supply reached nearly 236,000 sqm in Poland’s key regional cities in Q1-Q3 2023, says Savills. Gross take-up for the same period amounted to over 531,000 sqm, an increase of 19% year-on-year.
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News Octava sells a plot near Okęcie airport in Warsaw
26
Oct
2023

Octava sells a plot near Okęcie airport in Warsaw

by Property Forum
Octava Property Trust has sold a development plot for an SBU warehouse project to an Austrian investor. According to real estate advisory firm Savills, engaged in the search for investors in partnership with Avison Young, Warsaw is the fastest-growing warehouse market in Poland. 
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News Development activity in Warsaw's office market gradually recovers
23
Oct
2023

Development activity in Warsaw's office market gradually recovers

by Property Forum
Office availability in the Warsaw office market is shrinking, with the vacancy rate for the whole city down to 10.6% and to just over 9% in the centre, says Savills. Tenants are, however, likely to enjoy a wider choice of options once more office projects are restarted. This process is already slowly getting underway, as is clear from the growing development pipeline.
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News Investors to undertake aggressive strategies for European real estate
16
Oct
2023

Investors to undertake aggressive strategies for European real estate

by Property Forum
According to a survey conducted by Savills involving real estate investors with total Europe and Middle East assets under management (AuM) exceeding €500 billion, almost a third of investors are looking to adopt a more aggressive, value-added investment strategy over the next 12 months. This is up from 14% on last year’s survey, with only 28% expecting to deploy a more defensive strategy over the next 12 months, down from 55% last year.
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News CTP leases 110,000 sqm to Raben Group in Warsaw
10
Oct
2023

CTP leases 110,000 sqm to Raben Group in Warsaw

by Property Forum
CTP has leased approximately 110,000 sqm at the CTPark Warsaw West complex to Raben Group, one of the largest logistics companies in the world. This 10-year lease is the largest transaction in the warehouse and logistics market in Poland this year, for which the Raben Group was advised by Savills, and was also a record-breaking agreement for 2023 across CTP’s entire portfolio.
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News Property remains the world’s biggest store of wealth
29
Sep
2023

Property remains the world’s biggest store of wealth

by Property Forum
With a total value of $379.7 trillion at the end of 2022, real estate is worth more than the global equity and bond markets combined and is almost four times the size of global GDP, shows a Savills report.
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News Warehouse supply in Poland hits all-time high
28
Sep
2023

Warehouse supply in Poland hits all-time high

by Property Forum
A record 2.6 million sqm of warehouse and industrial space was delivered across Poland in the first half of 2023 amid clear signs of new-build construction slowing down. The Polish industrial and warehouse stock has doubled in size in the last five years, with Poland being one of the fastest-growing logistics markets in Europe, reveals Savills. 
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News How should real estate markets react to changing age structures?
26
Sep
2023

How should real estate markets react to changing age structures?

by Property Forum
Savills has prepared an overview of how the real estate market should react to the changing age structure of the global population. This study carried out as part of Savills Impacts programme, is about the prediction of residential supply and related services and hybrid working models. The fact that many Western countries are some of the fastest ‘ageing’ in the world isn’t news. In 10 years' time, the largest proportion of the Czech Republic’s population will be between 50 and 59 years old. Other countries in CEE are in a similar position. In Germany, Austria, Italy or France, the dominant age group will be 60 to 69. Meanwhile, at the other end of the scale, many African nations are seeing increases in their youthful populations. 
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.
  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.

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