"According to Savills latest research, the European data centre power capacity is projected to rise to approximately 13,100 MW by 2027, reflecting a 21% increase. Similarly, total international bandwidth usage in Europe is predicted to rise by a 31% compound annual growth rate (CAGR) by 2030."

"As part of the "Quo Vadis, Prague?" office sector discussion, Savills analysed the development of the Prague market in terms of construction, economy, investment, tenants' and landlords' requirements, also in comparison with other major European cities. At first sight, it may seem that there are enough office spaces for rent in Prague and that the trend of working from home will reduce their demand. However, the numbers speak clearly - companies do not have enough office buildings to choose from and where to grow. The speakers of the discussion included Pavel Streblov from Penta, Stuart Jordan and Pavel Novák from Savills and Rebecca Webb from the London office of Savills, who provided more insights into European trends."

"In response to the Housing Commission's report, property advisor, Savills Ireland is urging the government to make substantial changes to the National Planning Framework (NPF), as committed to in the Planning & Development Bill, to ensure it can meet the country's housing needs effectively."

"Czech investment group Star Capital Finance (SCF) this week bought a portfolio of six Polish shopping centres from global investment group Cromwell Property Group. The value of the transaction is over CZK 7 billion. This is one of the largest real estate transactions in Central Europe in the last few years. With this move, SCF enters a third country and strengthens its position in the Central European retail market, where it already owns and operates shopping centers in the Czech Republic and Slovakia."

"Czech investment group Star Capital Finance (SCF) this week bought a portfolio of six Polish shopping centres from global investment group Cromwell Property Group. The value of the transaction is over CZK 7 billion. This is one of the largest real estate transactions in Central Europe in the last few years. With this move, SCF enters a third country and strengthens its position in the Central European retail market, where it already owns and operates shopping centers in the Czech Republic and Slovakia."

"International real estate advisor Savills has entered into an association with DDG Group in Croatia to support its continued expansion in Europe.    "