July 2023
Growth of semiconductor production across EU set to generate 10.8 sq m of warehouse demand by 2030
31 July 2023
According to Savills latest Spotlight, Semiconductors and the Logistics Sector, Europe’s share of semiconductor production will need to more than double to reach the EU Chips Act’s target of 20% of global output by 2030. The EU has set aside €43 billion to attract investment into semiconductor fabrication labs, which Savills believes will generate more than 10.8 million sq m of warehouse demand over the next seven years.
Savills places Avila Spaces in Expo'98 Building
31 July 2023
Avila Spaces, one of the most recognised and awarded coworking spaces in Europe, arrives at Expo 98 Building through Savills, in an operation aimed at expanding the company in Lisbon.
Pan-European warehouse take-up suggests a drop back to pre-Covid levels in H1 2023
28 July 2023
According to provisional data from Savills, warehouse take-up across Europe reached 13.4 million sq m in H1 2023. This is just 9% lower than H1 2019, suggesting a return to pre-Covid levels across the continent, despite a 37% decline year-on-year.
ZEEKR finds new European headquarters in Amsterdam’s South Axis district
25 July 2023
Real I.S. signs long-term lease agreement for approximately 2,500 sq m at the Jachthavenweg
21 July 2023
Savills expects European real estate investment volumes to bounce back next year as the continent’s economy recovers and is anticipating a total transaction volume of €220bn in 2024, up 35% on the €163bn forecast for 2023.
20 July 2023
Savills placed the European industrial and logistics property developer, accompanying the land transaction process and is proceeding now with the commercialisation of the asset
Savills: office supply to shortly bounce back in Warsaw
19 July 2023
The Warsaw office market is seeing signs of upcoming renewed development activity, says real estate advisory firm Savills. Three new office buildings were delivered in the first half of 2023, but a significant increase in new supply is not expected until 2025.
Savills and Cushman & Wakefield instructed to the commercialization of two Cifial factories
18 July 2023
Bodo and Santa Comba Dão industrial areas, respectively in Santa Maria da Feira and Viseu, will provide about 24,403 sq.m and 17,373 sq.m. of area to industrial warehouses.
John Ring: Ireland isn’t alone as housing shortages are being experienced across the globe
17 July 2023
Housing woes continue to represent the single biggest challenge for Ireland’s people and politicians. At the heart of the issue is the persistent lack of housing supply. We have yet to sufficiently ramp-up housing supply to meet demand on an annual basis, let alone begin addressing the accumulated shortfall arising from a lost decade for construction.
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