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News

Data Centres

AI to become key driver of data centre demand across EMEA

"According to Savills latest EMEA data centre spotlight report, Artificial Intelligence (AI) is fast becoming a key driver of data centre growth in the region, behind public cloud demand which continues to serve as the bedrock for capacity take-up.   "

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News

Offices

Domestic investors have taken control of the Czech real estate market and are expanding abroad

"According to Savills’ analysis, investment activity in the Czech commercial real estate market is now primarily driven by domestic capital. In the long-term trend, local capital accounted for one third of the total investment volume. Over the past three years, however, the balance has shifted dramatically – this year, Czech investors represent as much as 80% of all transactions completed to date. Moreover, Czech investment groups are no longer just local players, they are becoming respected investors across Europe. “By the end of the year, we expect the share of Czech investors to increase to as much as 90%. They have tremendous strength, confidence, and the capability to execute large-scale transactions. They are no longer passive seekers of investment opportunities but have become sought-after partners, actively acquiring assets throughout Europe,” says David Sajner, Investment Director at Savills."

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