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News

British shoe retailer opens flagship store in Cologne, Germany

"Iconic UK shoe retailer Dr Martens Airwair is expanding in Germany with the opening of a flagship store in central Cologne.  The outlet is located on Ehrenstraße 57 and is due to open its doors to customers in August.  International real estate advisor Savills advised the retailer in the letting of the 57 sq m, first floor unit from landlord RheinReal Immobilien Gesellschaft mbH."

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News

Savills strengthens Warsaw property management team

"International real estate advisor Savills has strengthened its Warsaw property management team with the appointment of Wojciech Zawierucha. He joins Savills as a director, head of operations and business development, and will be driving the further growth of the property management team in Poland with a particular focus on the retail sector."

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News

IVG purchases "Royal Trakt Offices" building in Warsaw's diplomatic district

"IVG has acquired the historic Royal Trakt Offices building with a total of 3,500 sq m lettable space in Warsaw for an existing specialised real-estate fund of a German insurance company. The five-storey core property is situated in a very prominent location at the corner of Al. Ujazdowskie / ul. Wilcza in the diplomatic district of the Polish capital."

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News

Brussels sees boost to office market in H1 2013 with vacancy rates declining

"The Brussels office market has seen a rise in take up during H1 2013 with a 21% recorded increase year on year according to Savills. The firm predicts that in the area of Quarter Leopold, which accounted for 45% of transactions, the remaining available space could be let within 2.6 years, if such levels of demand continue combined with extremely low levels of supply. Prime letting transactions took place at €295 sq/m/year for best located assets."

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News

Savills strengthens Frankfurt investment team

"International real estate advisor Savills has strengthened its Frankfurt investment team with the appointment of Jürgen Schmid.  He joins Savills as a director and will be supporting the further development and growth of the investment team in Frankfurt."

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News

European student accommodation now a ‘buy’ for investors

"A supply-demand imbalance and strong yields makes the European student accommodation market an attractive real estate investment option, but investor decisions should be made on a city by city basis and not at a national level, according to international real estate advisor, Savills, in its first pan-European report on the sector.  "

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