January 2017


Redevco acquires super prime retail asset in Paris’ Central Business District from Savills Investment Management

Redevco acquires super prime retail asset in Paris’ Central Business District from Savills Investment Management

25 January 2017

Redevco, the Pan-European retail real estate investment manager, acting on behalf of one of its investor clients, has acquired a super prime retail asset in the heart of Paris’ luxury retail area, in Rue de la Paix from a fund managed by global real estate investment manager Savills Investment Management. The amount of the transaction is not being disclosed.

 
 
 
Savills recruits industrial agency team in Poland

Savills recruits industrial agency team in Poland

17 January 2017

International real estate advisor Savills has hired an industrial agency team in Poland in order to compliment its current leasing and investment capabilities in Central Eastern Europe (CEE).

 
 
Stockholm tops the league of European shopping centre hotspots for investors, Savills

Stockholm tops the league of European shopping centre hotspots for investors, Savills

16 January 2017

According to international real estate advisor Savills, Stockholm is currently the best European city for investment into shopping centres due to its ‘safe-haven’ status, and its relatively wealthy population.  

 
 
Savills advises Merlin properties on acquisition of Torre Gloriés, Barcelona's Gherkin

Savills advises Merlin properties on acquisition of Torre Gloriés, Barcelona's Gherkin

12 January 2017

International real estate advisor Savills has advised Merlin Properties, the largest real estate company trading on the Spanish Stock Exchange, on the acquisition of the iconic building Torre Gloriés in Barcelona for €142million.  The vendor was AGBAR.

 
 
Europe's non-core markets experience most significant rise in retail investment

Europe's non-core markets experience most significant rise in retail investment

10 January 2017

International real estate advisor Savills has reported that investors into Europe’s retail sector are shifting their interest to some of the continent’s non-core markets.   Investment into Europe’s retail sector during Q1-Q3 2016 reached EUR 33.3bn across the 15 markets that Savills covers, down 28% from the 2015 record volume. However, despite the overall drop of total turnover in the two largest markets of the UK (-18%) and Germany (-46%) during this time period, Europe’s non-core markets in contrast have experienced a significant rise in retail investment. These include: Ireland (223% to €1.46bn); Poland (126% to €1.4bn) and Italy (119% to €1.8bn).

 
 
Savills forms association with Norway's Malling & Co.

Savills forms association with Norway's Malling & Co.

09 January 2017

International real estate advisor Savills has extended its European network by forming a new association in Norway with Malling & Co., a privately held company with 165 professionals across offices in Oslo, Drammen and Stavanger.

 
 
Savills to manage Arcona Real Estate's retail portfolio in Poland

Savills to manage Arcona Real Estate's retail portfolio in Poland

05 January 2017

International real estate advisor Savills has been appointed by Arcona Capital Real Estate to manage a portfolio of 11 retail properties located in 10 cities across Poland. The fund completed the acquisition of eight properties on 12 December 2016, and the purchase of the remaining three properties will be finalised within the next few weeks.

 
 

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