August 2018
Savills shifts its local office to high5ive
30 August 2018
In response to the rapid growth of the Krakow property market, real estate advisory firm Savills has moved its local office to High5ive. Krakow is the largest regional office market in Poland. According to Savills data, nearly 60,000 sq m of new space was delivered in the city in the first half of 2018 and almost 300,000 sq m is currently under construction.
New supply is chasing the demand - warehouse market
27 August 2018
According to the latest summary of the warehouse and industrial market in Poland prepared by Savills, at the end of the first half of 2018 the space under construction for the first time in history exceeded 2 million sq m. More than 3/4 of this space has already been leased. Record level of new supply was accompanied by highest ever demand effecting the fall of vacancy rate to 4.0%, which is the lowest value in history.
Dublin docklands apartment block on the market for €52.5m
22 August 2018
The Benson Building – currently under construction – is situated at 76 Sir John Rogerson’s Quay, in the heart of Dublin’s South Docklands
More lease transactions at North Gate
22 August 2018
Real estate advisory firm Savills, which is responsible for leasing office space at North Gate, has recently represented the building’s owner Deka Immobilien in lease transactions for a combined area of more than 8,000 sq m.
Sale and lease back offer return opportunities in European retail investment market – Savills
17 August 2018
Selling and leasing back is becoming an increasingly attractive option for value-add investors to source property in a European market where assets available for sale are rare, according to international real estate advisor Savills. Approximately €1.1 billion retail properties have been sold and leased back (SLB) in Europe in the past 12 months. In the first half of 2018 SLB accounted for €850 million (4%) of the total €18.5 billion invested in retail across Europe, according to Savills analysis of data from Real Capital Analytics. Savills says that this is six times the amount sold and leased-back during H1 2017 and 28% above the H1 average over the past five years, with SLB activity being particularly driven by Spain, Italy, and the Netherlands; mature markets where retail ownership still offers opportunities for investors.
Starwood Capital Group buys office building in Frankfurt, Germany
16 August 2018
An affiliate of Starwood Capital Group, a leading global private investment firm, today announced that it has acquired FIFTY AVON, an office property in Frankfurt am Main, in a joint venture with local operating partner CELLS Property Investors from four Guernsey-based funds. Terms of the transaction were not disclosed.
Intive is a new tenant at Szyperska Office Center
14 August 2018
Global digital product development company intive has relocated its Poznań office to the Szyperska Office Center. Real estate advisory firm Savills advised on the 650 sq m office lease transaction.
Caspio’s Research and Development Center in K1 in Krakow
09 August 2018
Caspio leased nearly 500 sq m of office space in K1, the tallest office building in Kraków. This office space will be the future location for Caspio’s Research and Development Center in Krakow. The tenant was represented by the real estate advisor Savills.
06 August 2018
Asian investment in European property reached unprecedented levels at the end of 2017, almost double the previous year exceeding €25.5bn, according to international real estate advisor Savills. Chinese investment in Europe peaked in 2017 at almost €9.5bn, up from the €2.7bn five year average. Very dynamic were also investors from Hong Kong (€6.5bn, 254% yoy), Singapore (€4.2bn, 12% yoy), Republic of Korea (South Korea) (€2.1bn, 71% yoy) and Malaysia (€0.7bn, 180% yoy).
06 August 2018
After almost two decades AEW Europe decided to sell Atrium Tower office building located in Warsaw. The new owner of the property is VIG FUND, the real estate investment vehicle of Vienna Insurance Group (VIG). Real estate advisor Savills represented AEW Europe in the transaction.
Subscribe to Savills Research
Would you like to be notified via email about new research?