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News

Commercial & Residential Investment

Living sectors, logistics and supermarkets top Savills investment trends

"According to Savills, investment in the European real estate market is forecast to exceed last year’s level by at least 15% and reach around €270bn in 2021, with the living sectors and logistics markets likely to account for a significantly higher proportion of total investment than their historic averages. Preliminary estimates of the investment volume in Poland after the third quarter of this year show the absolute dominance of the logistics sector."

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News

Aviva Investors completes sale-and-leaseback agreement of warehouse assets in Tilburg, the Netherlands

"Aviva Investors Real Estate France, a subsidiary of Aviva France, and Fabory, a European specialist distributor of fasteners with over €200 million in revenue, announce the agreement on the acquisition of Fabory’s central warehouse in Tilburg, Netherlands, through a sale-and-leaseback structure. The investment has been made by Aviva Investors Real Estate France on behalf of one of its clients."

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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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