June 2017


World Port Center sold

World Port Center sold

30 June 2017

Largest single asset deal in Rotterdam in 2017

 
 
Falling European vacancy levels drives rise in office rents but growth to slow as development activity picks up

Falling European vacancy levels drives rise in office rents but growth to slow as development activity picks up

29 June 2017

The average prime rent in a European Central Business District (CBD) grew 2.5% year-on-year to the end of Q1 2017, with non-CBD rents also rising by 3.5%, as a lack of high quality space pushes tenants towards alternative locations outside city centres, according to Savills latest European Offices Market Report. 

 
 
International IT company opens an office in Poznań

International IT company opens an office in Poznań

23 June 2017

The software services company Mobica will open its branch in Poznań, creating over 100 new jobs. Recruitment process has already begun. The tenant will move into Temida office building in August. Mobica was advised by JLL and the owner of the building was represented by Savills in the transaction totaling 1 030 sq m of office space.

 
 
Savills recruits Stuart Jordan to head up investment team in Czech Republic

Savills recruits Stuart Jordan to head up investment team in Czech Republic

22 June 2017

International real estate advisor Savills has recruited Stuart Jordan to head its investment agency team in the Czech Republic.

 
 
Prime office yields in Europe’s principal CBDs reach record low in Q1, Savills

Prime office yields in Europe’s principal CBDs reach record low in Q1, Savills

13 June 2017

According to international real estate advisor Savills, the average yield in Europe’s prime CBD office market dropped for the first time on record to just below 4% in the first quarter of this year.  Prime office yields continued to harden on a quarterly basis in Paris La Défense (-50bps), Amsterdam (-40bps), Vienna (-25bsp), London City (-25bps) and in the ‘big six’* German cities (-10bps).  However Savills claims that prime office yields remained stable in most other markets and overall their level is 90bps below the long term average.

 
 
 
Savills awarded European Broker of the Year

Savills awarded European Broker of the Year

09 June 2017

International real estate advisor Savills has been awarded ‘European Broker of the Year’  at the Property Investor Europe (PIE) awards in London.

 
 

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