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News

Commercial Investment

€22 million deal marks one of 2025’s largest regional property investment transactions so far

"In a significant transaction for Ireland's regional property investment market, Savills Ireland, alongside Cushman & Wakefield, has facilitated the sale of a healthcare/office facility at Eastgate Little Island in Cork to Primary Health Properties for €22 million. This deal marks one of the largest regional investment transactions of 2025 so far, showcasing significant investor confidence in the healthcare sector."

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News

Commercial Investment

Pressure on prime yields as industrial & logistics investment volumes continue to improve across Europe

"According to Savills latest European Logistics Outlook, total investment volumes in 2024 reached €37.9 billion, an increase of 14% compared to 2023, and just behind 2019 as the fifth strongest year on record. Looking ahead, with further interest rate cuts from the European Central Bank (ECB) expected in 2025 this should help stimulate the economy putting further downward pressure on prime yields in Europe. "

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News

Offices

Companies demanded a record 637,000 sq m of office space in 2024, but only 24,600 sq m will be built this year

"According to an analysis by Savills, office development in Prague has been declining rapidly since 2021. This trend is confirmed by 2024 figures, which show that only 72,800 sq m of new office space was completed in Prague. In 2025, the volume is expected to decrease even further, reaching just 24,600 sq m. Meanwhile, total demand, including companies that are renewing their existing leases (so-called renegotiations), exceeded a record 630,000 sq m in 2024. This creates a significant imbalance between supply and demand."

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News

Wiadomości korporacyjne

Savills appointed a new director of the industrial and warehouse property department

"At the beginning of February, Michał Chodecki, a manager with over 17 years in the commercial real estate sector, took the lead of the department specializing in comprehensive advisory services for leasing manufacturing, warehouse, and logistic properties. The new director is responsible for strategy and setting the direction for developing this business line, and building relationships with key clients. "

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