News

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News

Savills to Go ‘Face to Face’ at Bloom

"Savills has teamed-up with renowned Irish gardener, Andrew Christopher Dunne to create ‘The Savills Garden – Face to Face’ at Bloom – Ireland’s largest gardening festival – which takes place in the Phoenix Park, Dublin this weekend."

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News

Rabo Real Estate Group sells 'De Rotterdam' to AMUNDI Real Estate

"Rabo Real Estate Group has sold the building ‘De Rotterdam’ in Rotterdam, The Netherlands, to a consortium of Korean Investors, led by AMUNDI Real Estate. The iconic building was designed by OMA/Rem Koolhaas. The sale comprises approximately 75,000 sq m of office space, the nhow hotel with 278 rooms and approximately 2,000 sq m of conference and event spaces, approximately 3,000 sq m of commercial units and the 5-storey car park with 670 places. This makes it the largest single asset transaction of recent times. The apartments in De Rotterdam are owned by Amvest."

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News

Scarcity of high quality office space in central Madrid drives occupiers to city's periphery

"During the first quarter of 2016 almost 60% of Madrid’s office take up and more than 50% of deals took place outside the M-30 ring-road. According to international real estate advisor Savills, this is due to the shortage of supply of quality office space in the urban area of Madrid, which has diverted the bulk of demand to the city’s periphery for the first time since 2009."

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News

La Defense boasts exceptional Q1 for office take up

"Following a lacklustre 2015, international real estate advisor Savills has observed that the Paris office market has shown signs of normalisation in Q1 this year, with a total take-up of 492,000m recorded. This represented a yoy increase of 19%, however take-up levels for Q1 2016 do still remain slightly below the five-year average (502,109 sq m)."

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