March 2018
Savills supports Chinese investors
29 March 2018
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.
Report: Flexible work places in Poland
27 March 2018
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.
20 March 2018
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.
19 March 2018
Only one out of a total 348 local authorities across England and Wales has yet to see the average value of homes sold exceed £100,000, a threshold crossed by every London borough fifteen years ago
Successful re-commercialisation of Blue Office - the largest fitness club debut
14 March 2018
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.
Demand outweighs supply on the investment market in Europe
13 March 2018
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.
Growth of prime office rents in Europe’s CBDs shows no sign of abating in 2018, Savills
12 March 2018
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.
Flurry of deals at Century Business Park in Glasgow
12 March 2018
Savills, on behalf of Century Land, has let a total of 10,068 sq ft (935 sq m) of light industrial space across three deals at Century Business Park in Glasgow, taking one of two terraces on the park to fully let.
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