News

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News

Corporate News

Savills appoints CEO for Central and Eastern Europe

"International real estate advisor Savills has appointed a CEO of Central and Eastern Europe and will bring together its established businesses in Poland and the Czech Republic, as well as its wider associates network, as a footprint to further grow its CEE platform.     "

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News

Industrial and Logistics

Growth of semiconductor production across EU set to generate 10.8m sq m of warehouse demand by 2030

"According to Savills latest Spotlight, Semiconductors and the Logistics Sector, Europe’s share of semiconductor production will need to more than double to reach the EU Chips Act’s target of 20% of global output by 2030. The EU has set aside €43 billion to attract investment into semiconductor fabrication labs, which Savills believes will generate more than 10.8 million sq m of warehouse demand over the next seven years. According to Savills in the Czech Republic, the share of manufacturing companies in newly leased modern industrial space is already growing. This increase has been recorded by Savills since the second half of 2022 and by first half of 2023 it reached almost 60% of the total space leased."

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