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News

Business Space

Savills unveils 2017-18 Live/Work Index

"Savills has released its tenth annual Live/Work Index revealing that while Dubai has become a cheaper location in which to accommodate a worker in the past decade, Dublin has climbed the ranks to become the most expensive city in Europe after London, largely driven by residential rent increases. "

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News

Business Space

Savills supports Chinese investors

"Real estate advisory firm Savills has set up China Desk, a special section within its Warsaw-based Corporate Finance & Valuation department, dedicated to Chinese investors interested in the Polish commercial real estate market."

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News

Report: Flexible work places in Poland

"Coworking spaces took the Polish market by storm last year. Their growth continues unabated, confirming it as one of the strongest trends on the office market in many years. According to real estate advisory firm Savills, Poland has an estimated coworking space and serviced offices stock of 129,000 sq m, and in 2017, Warsaw alone saw more lettings signed for flexible workplaces than the capital cities of Spain, the Netherlands or Austria."

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News

Business Space

European prime office rents

"European prime office rents saw an average year-on-year (yoy) rental increase of 6% in 2017, their fifth consecutive year of growth and they show no sign of abating for at least another three years, according to international real estate advisor Savills. In the last few years rents were relatively stable in Warsaw, however a small increase of rents is expected in the next few month. "

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News

Leisure

Successful re-commercialisation of Blue Office - the largest fitness club debut

"More than 10,000 sq m was leased under recently signed leases for space at the Blue Office building, part of the Blue City retail complex located in Warsaw. New tenants include Fit/One, which will open its first centre in Poland on the scheme’s former office space, creating the largest fitness club on the Polish market Global real estate advisory firm Savills is the exclusive commercialisation agent for Blue Office.  "

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News

Demand outweighs supply on the investment market in Europe

"Full-year European commercial investment volumes reached €234 billion in 2017, up 7% on 2016 – Savills Austria (+74%), Romania (+54%), the Netherlands (+46%), and Denmark (+32%) experienced the greatest annual increases in commercial property investment in 2017, as total investment across Europe rose to €234bn, a 7% increase year-on-year (yoy), according to Savills latest European Investment Briefing. In 2017 the total investment volume in Poland reached the record level of above €5.0bn, with the highest share of retail."

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