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News

Flexible Office Space & Coworking

Workthere: New York is the world's most expensive office location

"New York and San Francisco have emerged as the most expensive flexible office markets worldwide, while Berlin is one of the fastest-growing European markets, according to Workthere, a flexible office listing platform launched by Savills, that helps occupiers find flexible workspace."

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News

Property Management

Savills appointed as property manager for Andaz Prague

"From March 2022, UBM Development, one of Austria's most renowned property developers, has appointed international real estate advisor Savills as property manager for the Andaz Prague, located at Senovážné Square in the heart of Prague´s historic city centre."

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News

Commercial Investment

Strong Q1 expected fro European real estate investment with €300-330bn forecast for the full year

"A Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70bn, a 19.5% increase year-on-year. Despite geopolitical events, the real estate advisor expects solid European investment activity for the remainder of the year, notably fuelled by large portfolio and entity deals."

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News

Industrial and Logistics

Savills: will Poland run out of vacant warehouse stock soon?

"Real estate advisory firm Savills anticipates that some of the immediate knock-on effects of the war in Ukraine on the Polish logistics market will include sustained demand for new warehouse projects amid construction difficulties and a prospect of rental growth in ready-to-occupy facilities."

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News

Industrial and Logistics

Tenant activity in the Czech industrial market at its peak, Prague effectively out of available space

"According to Savills latest report, 2021 was the best year on record for the Czech industrial market in terms of tenancy activity, despite the low volume of new completions and extremely low vacancy rate. Gross take-up totalled a staggering 2.32 million sq m, being 53% higher than the previous record of 1.55 million sq m seen in 2020. Annual net take-up (excl. renewals) reached 1.48 million sq m, a 46% increase over the former record of 1.01 million sq m registered in 2017."

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News

Industrial and Logistics

Dream Advisors buys warehouse in Wijchen, the Netherlands

"Dream Advisors has acquired a modern logistics warehouse in Wijchen/Nijmegen from LCN Capital Partners. The property was built in 2016 and comprises a modern logistics building of approximately 13,633 sq m that serves as the EMEA headquarters and distribution centre of Briggs & Stratton."

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