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February 2024
Dublin 2 the top location for flexible office market with 72% of take-up in 2023
29 February 2024
Workthere, a leading serviced office advisory and part of property advisor, Savills Ireland, has published its flexible office market data for 2023, which reveals an overwhelming 72% of take-up was concentrated in Dublin 2 last year.
29 February 2024
Savills is monitoring shifts in the Prague office space market, noting key trends such as renegotiations, subleases, serviced offices, and a renewed interest in refurbished buildings. At the same time, second-hand spaces are being searched for by companies, which want to take over a ready-to-move-in and often attractive office space, realized by another company. These changes stem from the limited construction of new office spaces in Prague, which is at its lowest level over the past decade. However, even such transactions can have a positive impact within the ESG strategy of companies - some existing buildings after renovation can meet today's demanding efficiency requirements. In fact, green leases will become a normal part of lease agreements by 2026, according to Savills research.
.jpg "Crossbay acquires 25,514 sq m warehouse in Almere, the Netherlands")
.jpg "Real I.S. leases 7,080 sq m in Moerdijk, the Netherlands")
.jpg "Savills: European buyers dominate continent's real estate market as international buyers expected to make a splash this year")
27 February 2024
According to Savills latest research, intra-European cross border investment remains the dominant source of cross border capital, accounting for just over half of all cross-border volumes in 2023.
.jpg "Cortona Investments acquires commercial property in Almere, The Netherlands, from M7 Real Estate")
Cortona Investments acquires commercial property in Almere, The Netherlands, from M7 Real Estate
27 February 2024
.jpg "The renovated LIFE building in Brumlovka has drawn in new occupants, namely NFCtron, Form Factory, and 23 Group")
23 February 2024
Savills successfully negotiated three new lease agreements for tenants in the LIFE_Building C, located in Brumlovka, which is currently nearing 90% occupancy. The new occupants include the technology startup NFCtron Pay a.s., fitness club Form Factory s.r.o., and refreshment operator 23 group, s.r.o. Owned by VIG FUND, a.s., the LIFE building underwent a comprehensive reconstruction in 2020.
7 in 10 say what we wear to work has changed in the last ten years
22 February 2024
The way Irish people dress for work has changed significantly in the last ten years, according to property advisor, Savills Ireland. Whether it has become more casual, more varied or even more formal is up for debate – influenced by where you work, and what industry you work in. However, according to more than seven in ten (73pc) workers responding to the first in the Savills Ireland Evolution of Work Survey Series, there has been a definite change in work attire in the last decade.
Significant Leasing Milestone Achieved at 40 Mespil Road with Azets and Omnicom Commitments
22 February 2024
40 Mespil Road, a landmark property along the Grand Canal in Dublin 4, is now nearing full occupancy. Following a strategic subletting initiative led by Savills on behalf of Bank of Ireland, Azets and Omnicom have committed to substantial leases, marking a major milestone in the building’s occupancy since it was first marketed for sublet in 2021.
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