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News

Research

85pc of Irish workers willing to return to the office with the right facilities

"On average, 85pc of Irish workers would be more inclined to spend additional time in the office if certain facilities were provided according to property advisor, Savills Ireland. This figure rises to 88pc among millennials and a noteworthy 98pc among Gen Zers, highlighting that employees are not opposed to returning to the office – particularly for part of the working week, if the right amenities are offered. "

News

Capital Advisory

Savills: 2025 poised to show strongest investment trading for commercial properties since pandemic

"Savills reports that European commercial real estate investment volumes are forecast to grow by 13% in 2025, but Central and Eastern Europe (CEE) is expected to outperform this average, with a projected 32% year-on-year increase. The Czech Republic stands out in particular with a first quarter volume for 2025 showing €1.46 billion, already 79% of the full year 2024 volume."

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News

Corporate News

Savills announces succession plan

"The Board of Savills today announces that Mark Ridley will retire as Group Chief Executive at the end of 2025 after a 29 year career at Savills, seven of them as Group Chief Executive, as well as 41 years in the industry. Mark will be succeeded by Simon Shaw, currently Group Chief Financial Officer of Savills, effective 1 January 2026."

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News

Hotels

Czech hotel market gains momentum in Q1 2025 amid major deals and rising investor confidence

"According to Savills, the Czech hotel sector reached a transaction volume of €340 million in Q1 2025, accounting for 23% of the total commercial real estate investment volume in the year’s first quarter. This figure is nearly three times higher than the total hotel investment volume recorded in 2024, which reached €120 million. The sharp increase is primarily attributed to the completion of several major transactions in Q1, including hotels such as Mama Shelter, Hilton, and Ramada Prague City Centre. The acquisition of Four Seasons, to be reflected in Q2 investment volume, represents the most recent significant deal in the market. In the broader context, pan-European hotel investment totalled €21.9 billion in 2024, marking the highest level since 2019 and a notable 47.6% year-on-year increase."

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News

Commercial Investment

Savills: Madrid and Paris offices appear most attractively priced in Europe

"From a fair value perspective,* Madrid and Paris Central Business District (CBD) are the most attractively priced European office markets, according to Savills. The international real estate advisor believes that this is due to positive real rental growth prospects, and a reduction in risk-free rates, increasing prime offices’ appeal. "

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News

Retail

Savills Luxury Report Reveals Strong Growth in the Luxury Segment in 2024

"A new report from Savills reveals that global luxury retail continues to weather economic headwinds, with core markets reporting strong rental growth in 2024. Across the 21 destinations the international real estate advisor tracks, over 75% reported annual increases or a hold in prime headline rents YoY (year-on-year)."

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