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News

Office Space

Savills launches Workthere in Poland

"Global real estate advisory firm Savills has launched the Polish version of Workthere, its flexible office specialist and website listing platform (workthere.pl) that helps occupiers find flexible workspace and offers professional assistance in leasing optimal workspaces."

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News

Building & Project Consultancy

Trend is optimalisation of costs and risk identification

"Assessing real estate from a technical point of view, green certification, co-operation with developers and investors – these are trends that real estate consulting services are currently going for. Having learnt from the pandemic, clients are placing more and more emphasis on planning and appropriate consulting services."

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News

Commercial Investment

Savills expects significant end of year deal flow in CR

"Savills in the Czech Republic, after managing the business through the first year of the pandemic, continues to build on momentum as the fourth quarter of 2021 approaches. Following penning deals including last year's sales of Astrid Offices in Prague for UBM and a retail warehouse portfolio for Mitiska (CR, Serbia), early this year the team closed on the EUR 77 million acquisition in Prague of the office building Parkview for Deka Immobilien. Savills is now involved in transaction processes for assets totalling over EUR 750 million. We talk to Stuart Jordan, Managing Director & Head of Investment, Savills Czech Republic about the experience across business lines since the pandemic, deals in the offing, the investment market today, and the company's plans for the near future.  "

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News

Commercial Investment

Savills appointed as property manager for iconic DRN building in Prague

"From August 2021, KGAL GmbH & Co. KG, a leading independent  European investment and asset manager based in Germany, has appointed international real estate advisory firm Savills as property manager for Prague’s iconic DRN building. Savills also continues to provide asset management services for the building, which it has been providing since July 2020.  "

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News

Commercial Investment

Multifamily now firmly established as Europe´s second biggest real estate sector

"According to Savills, European multifamily is now firmly established as Europe’s second biggest real estate sector. At €24.1bn it captured 23% of the investment activity in H1 2021 across the 12 countries that the international real estate advisor monitors. This compares to a five-year average of 16%. Office investment was the highest, accounting for 28% of the total, at €29.3bn."

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