ARTICLES LABELLED WITH TAG Savills IM

Savills Investment Management announced its global outlook for real estate investment markets in 2024, highlighting several key sectors it believes offer rewarding opportunities for informed investors.

Savills Investment Management has signed two lease agreements at Park Szczecin Trzebusz totalling almost 30,000 sqm. The new tenant of the warehouse centre in Szczecin is Autodoc Logistics. Furthermore, one of the current tenants, Hegen Europe, has decided to expand its space as part of the logistics park within the Savills IM portfolio in Poland.

Savills Investment Management has signed an extension agreement with Multidekor S.A. concerning the lease of approx. 23,000 sqm of space at Konotopa Park II logistics centre near Warsaw. The lease has been extended by five years.

Savills Investment Management has signed a lease extension at Park Szczecin Trzebusz with Carlsberg Supply Company Polska S.A., a member of one of the world’s largest brewers, Carlsberg Group. Carlsberg decided to continue leasing almost 15,000 sqm of warehouse space at the facility.

Savills Investment Management has outlined its global outlook for real estate investment markets in 2023. While next year may prove challenging for all investors, in the context of global market turbulence, Savills IM sees select opportunities in asset classes with strong long-term fundamentals such as urban industrial and logistics, affordable housing and essential retail.

Property Forum sat down with Piotr Trzciński, Head of Poland and Andrew Allen, Global Head of Research, Product Strategy and Development at Savills Investment Management, to talk about the company’s investment strategy in Europe and Poland in particular. They also talked about Savills IM’s ambition to become net zero by 2040 and the way ESG is shaping future developments in the European commercial real estate sector.

Savills Investment Management, the international real estate investment manager, transacted more than €3.4 billion globally in 2021, including c. €2.6 billion in Europe and c. €670 million in Asia. Globally, transactions included around €2.1 billion of acquisitions and around €1.2 billion of disposals, resulting in a net investment of c. €900 million. The firm now manages approximately €24.8 billion in assets under management (AuM) as of September 2021

Savills Investment Management has published its latest outlook report for real estate investment markets in 2022. While next year may mark a turning point for both office and retail investment as the world continues to recover from the COVID-19 pandemic, sectors such as living, logistics and real estate debt also look set offer compelling opportunities.

Savills Investment Management has acquired the A2 Warsaw Park logistics centre in Adamów, near Grodzisk Mazowiecki for €112.5 million. The property was purchased from Invesco Real Estate, a global real estate investment manager, on behalf of Savills IM European Logistics Fund 3 (ELF3), which already owns 11 investments across Europe. This is the fund’s largest transaction in Europe and one of Savills IM’s largest investments in the Polish commercial real property market. 

‘Big Box’ mainstream logistics assets continue to display strong fundamentals but with pricing pressures driving down yields and new themes emerging, other industrial sub-sectors now offer alternative opportunities to investors, according to a new report by Savills Investment Management.