"Pricing movement is playing out across Europe with Savills reporting seven of the core European office markets moving into ‘fair value’ territory for the first time this cycle, based on current pricing against the five year average risk premiums. Fair pricing indicates that the fundamental yield* is within 10% of market yield, says the global real estate advisor."

"New office supply in the first three months of 2023 totalled 68,100 sq m and was delivered in three cities only: Krakow, Wrocław and Tricity. According to international real estate advisory firm Savills, at the end of March over 1 million sq m of office space was vacant, equating to the average vacancy rate of close to 16%."

"Savills Northern Ireland is pleased to announce the sale of two prominent shopping centres in Northern Ireland: Forestside Shopping Centre and Foyleside Shopping Centre. Both centres have remained strongholds of retail in their respective regions, boasting robust footfall, high occupancy levels, and continued growth in recent years."

"Savills is proud to announce its continued support of Bord Bia Bloom, Ireland's largest gardening and horticulture event, by sponsoring award-winning garden designer and horticulturist, Alan Rudden for the second consecutive year. Rudden will be designing the Savills Sanctuary garden at this year's Bord Bia Bloom, showcasing the transformative potential of a city plot into an urban sanctuary."

"Savills has negotiated for the WorkLounge network of serviced centres to take over the lease agreement from outgoing operator HubHub at Na Příkopě 14 in Prague from 1 May onwards. Savills is also the property manager of the building which is owned by CPI Property Group. With a total area over 3,700 sq m, it will be the largest centre in WorkLounge’s portfolio."

"The Draft Kildare Town Local Area Plan 2023 – 2029, published last month for public consultation and for which observations and submissions are due today, proposes to reduce the amount of land for residential development by 55.5 hectares, or the equivalent of 2,000 homes according to property advisor, Savills Ireland."

"25 employee business to rebrand as Savills Denmark with immediate effect"

"Property advisor, Savills Ireland, has reported a strong start to 2023 in the Irish commercial real estate investment market. "