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News

Retail

New tenants at Morski Retail Park

"Morski Retail Park in Gdansk has signed up five new tenants who will move into a building now under construction as part of the scheme’s extension. The following tenants have signed a lease: Komfort Lazienki (1,500 sq m), Komfort Podlogi (1,450 sq m), Komfort Kuchnie (600 m2) and Nexterio (900 sq m). In addition to that Bel-Pol will take up approximately 700 sq m of retail space. In total more than 5,000 sq m has been leased. Real estate advisory firm Savills acts both as a property manager and as exclusive retail space leasing agent on the park."

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News

Savills: Logistics warehouses in some countries are the only prime commercial assets in Europe offering yields above 5%

"According to Savills latest research, the only prime commercial assets in Europe offering yields above 5% are prime logistics warehouses in markets such as Denmark, Czech Republic, Spain, Italy, Portugal, Romania and Belgium, along with prime offices and shopping centres in Athens and Bucharest and prime shopping centres and retail parks in the UK."

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News

Office Space

Two revamped buildings in Mokotów gain a new adviser

"Real estate advisory firm Savills has been appointed as sole office space letting agent for Innova Work Station (formerly Trinity Park II) and Signum Work Station (formerly Trinity Park III). Cooperation with Savills is part of the property owner’s new leasing strategy for the two buildings to capitalise on the rapid growth of the Służewiec area in Warsaw."

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News

Commercial Investment

EUR 230bn - European investment volumes forecast

"European commercial real estate investment volumes are forecast to reach €230bn by the end of the year, which would mean that more than €200bn will have been invested in European commercial property for the sixth consecutive year, according to Savills. The firm notes that this is unprecedented in the history of the European investment market and underlines the continent’s status as a safe haven for investment. "

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