August 2018


Savills shifts its local office  to high5ive

Savills shifts its local office to high5ive

August 30, 2018

In response to the rapid growth of the Krakow property market, real estate advisory firm Savills has moved its local office to High5ive. Krakow is the largest regional office market in Poland. According to Savills data, nearly 60,000 sq m of new space was delivered in the city in the first half of 2018 and almost 300,000 sq m is currently under construction.

 
 
New supply is chasing the demand - warehouse market

New supply is chasing the demand - warehouse market

August 27, 2018

According to the latest summary of the warehouse and industrial market in Poland prepared by Savills, at the end of the first half of 2018 the space under construction for the first time in history exceeded 2 million sq m. More than 3/4 of this space has already been leased. Record level of new supply was accompanied by highest ever demand effecting the fall of vacancy rate to 4.0%, which is the lowest value in history.

 
 
Savills Sweden hires leading investment team and appoints new head of country

Savills Sweden hires leading investment team and appoints new head of country

August 23, 2018

Savills Sweden will be appointing four senior directors to boost its growing business in Sweden.  

 
 
Dublin docklands apartment block on the market for €52.5m

Dublin docklands apartment block on the market for €52.5m

August 22, 2018

The Benson Building – currently under construction – is situated at 76 Sir John Rogerson’s Quay, in the heart of Dublin’s South Docklands

 
 
More lease transactions at North Gate

More lease transactions at North Gate

August 22, 2018

Real estate advisory firm Savills, which is responsible for leasing office space at North Gate, has recently represented the building’s owner Deka Immobilien in lease transactions for a combined area of more than 8,000 sq m.

 
 
Sale and lease back offer return opportunities in European retail investment market – Savills

Sale and lease back offer return opportunities in European retail investment market – Savills

August 17, 2018

Selling and leasing back is becoming an increasingly attractive option for value-add investors to source property in a European market where assets available for sale are rare, according to international real estate advisor Savills. Approximately €1.1 billion retail properties have been sold and leased back (SLB) in Europe in the past 12 months. In the first half of 2018 SLB accounted for €850 million (4%) of the total €18.5 billion invested in retail across Europe, according to Savills analysis of data from Real Capital Analytics. Savills says that this is six times the amount sold and leased-back during H1 2017 and 28% above the H1 average over the past five years, with SLB activity  being particularly driven by Spain, Italy, and the Netherlands; mature markets where retail ownership still offers opportunities for investors.

 
 
Starwood Capital Group buys office building in Frankfurt, Germany

Starwood Capital Group buys office building in Frankfurt, Germany

August 16, 2018

An affiliate of Starwood Capital Group, a leading global private investment firm, today announced that it has acquired FIFTY AVON, an office property in Frankfurt am Main, in a joint venture with local operating partner CELLS Property Investors from four Guernsey-based funds. Terms of the transaction were not disclosed.

 
 
Intive is a new tenant at Szyperska Office Center

Intive is a new tenant at Szyperska Office Center

August 14, 2018

Global digital product development company intive has relocated its Poznań office to the Szyperska Office Center. Real estate advisory firm Savills advised on the 650 sq m office lease transaction.

 
 
Caspio’s Research and Development Center in K1 in Krakow

Caspio’s Research and Development Center in K1 in Krakow

August 09, 2018

Caspio leased nearly 500 sq m of office space in K1, the tallest office building in Kraków. This office space will be the future location for Caspio’s Research and Development Center in Krakow. The tenant was represented by the real estate advisor Savills.

 
 
South Korean investors on the rise, considering new locations and new sectors across Europe - Savills

South Korean investors on the rise, considering new locations and new sectors across Europe - Savills

August 06, 2018

Asian investment in European property reached unprecedented levels at the end of 2017, almost double the previous year exceeding €25.5bn, according to international real estate advisor Savills. Chinese investment in Europe peaked in 2017 at almost €9.5bn, up from the €2.7bn five year average. Very dynamic were also investors from Hong Kong (€6.5bn, 254% yoy), Singapore (€4.2bn, 12% yoy), Republic of Korea (South Korea) (€2.1bn, 71% yoy) and Malaysia (€0.7bn, 180% yoy).

 
 

Key Contacts

Liz Williams-Bew

Liz Williams-Bew

UK PR Director
Cross Border B2B Communications

Head Office London

+44 (0) 20 7409 8140

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Head Office London

+44 (0) 20 7016 3880