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News

Office Space

Savills: Marynarska Point 1 goes greener

"Marynarska Point 1 has gone through a period of major changes making it a more sustainable and functional office building. It saw the completion of refurbishment works which included the revamping of its lift lobbies and main reception area, and installation of modern decorative lighting on its façade. The owner of the building is an investment fund managed by the Adventum Group, while real estate advisory firm Savills is the property manager and sole leasing agent for office space."

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News

Retail

Retail in Dublin 1: The Recovery is Well Underway

"For the retail leasing world, 2023 has started with a bang on Henry Street.  In what is a significant trend for the market, Dublin 1 has finally caught up with the Grafton Street area in terms of take-up of vacant shops.  As we emerged from the depths of Covid lockdowns, Grafton Street grabbed all the headlines for new brands, while Henry Street was flat, with little or no activity. Thankfully, that is all about to change.  "

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News

Office Space

Prague takes the lead in Europe for physical office occupancy growth; top among European capital cities

"According to Savills latest research, Prague has recorded the largest increase in physical occupancy rates, rising by 16 percentage points to 54% between June 2022 and February 2023, Tuesday being the peak day in the office attendance, followed by Dublin, which recorded a 15 percentage point increase to 56%. Prague ranks among the top 5 European capitals in terms of employees’ return to the office."

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News

Office Space

Demand from State set to revive Dublin office market

"Despite a slow start to the year, activity in the office leasing market is likely to pick-up in the coming months driven by strong demand from the State, as deadlines for complying with its ESG agenda and carbon emissions reductions move closer.  "

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News

Industrial and Logistics

Savills: polish warehouse market on track to reach 30 milion sq m

"In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability are likely to result in a supply gap in the space of the next year or so, says real estate advisory firm Savills."

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