October 2023
Reales signs deed for area development site in IJsselcentrale Zwolle, the Netherlands
31 October 2023
Real estate investment volume Q3 2023 down compared to Q3 2022
31 October 2023
Investors more flexible and looking to smaller ticket sizes
31 October 2023
Savills/Predibisa presents BOW project – Passeio Alegre 136
31 October 2023
Unique opportunity to live in Foz do Douro
WorkLounge is expanding. It is buying City Point in Prague for more than CZK 450 million.
30 October 2023
WorkLounge, an operator of coworking spaces and serviced offices, has completed the acquisition of the City Point office building in Pankrác, Prague 4. It is taking over the building from the investment company Amundi Czech Republic, which previously owned the building. Mint Investments Group was the investment advisor to Amundi. Representatives of Savills, Cushman & Wakefield and Havel & Partners also participated in the transaction. The value of the transaction exceeded CZK 450 million.
30 October 2023
Office assets in Berlin, Amsterdam, Madrid and Munich now all sit within fair pricing territory and require the lowest capital value corrections in Europe, according to new analysis by Savills. The international real estate advisor says that these markets all saw outward yield movement in Q3 2023 while low vacancy rates look set to continue to support their rental growth over the next 12-18 months.
Savills: AstraZeneca is a new tenant at Equal Business Park in Kraków
30 October 2023
Apollo-Rida, the owner and property manager of the Equal Business Park in Krakow, has signed a lease for nearly 1,000 sq m of office space with global biopharmaceutical company AstraZeneca Pharma Poland. The landlord was advised during the transaction process by real estate advisory firm Savills, the sole leasing agent for office space in the complex.
Octava sells development plot for SBU near Warsaw Chopin Airport
26 October 2023
Octava Property Trust (OPT) 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.
Professional and financial services overtake tech in flexible office market take-up
26 October 2023
Workthere, a leading serviced office advisory and part of property advisor, Savills Ireland, has reported a significant industry shift in Dublin’s flexible office market, with professional and financial services overtaking tech for take-up of space.
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