ARTICLES LABELLED WITH TAG Savills

News Food and grocery become the new core in retail investment
05
May
2021

Food and grocery become the new core in retail investment

by Property Forum
According to Savills, the food sector is becoming the new core in retail property investment. Last year, for the first time, investments in supermarkets, hypermarkets and food discount stores accounted for a record 21% of total European retail activity, up from a five year average of 7%.
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News Czech year-on-year investment volume falls by only 8%
30
Apr
2021

Czech year-on-year investment volume falls by only 8%

by Property Forum
A total investment volume of €290 million was transacted in the Czech Republic during the first quarter of 2021, according to Savills’ latest research. Without the exceptional €1.3 billion Residomo portfolio sale transaction, the investment volume was only down by 8% y-o-y.
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News Warsaw's office market sees decrease in occupier demand
29
Apr
2021

Warsaw's office market sees decrease in occupier demand

by Property Forum
Over the year, since the COVID-19 pandemic arrived in Poland, the Warsaw office market has seen a marked decrease in occupier demand and office stock under construction amid rising vacancy rates. Although the past 12 months have been challenging for the office sector, companies are no less keen to have an office of their own, says real estate advisory firm Savills.
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News Czech and Polish cities rank among cheapest warehousing locations globally
28
Apr
2021

Czech and Polish cities rank among cheapest warehousing locations globally

by Property Forum
According to the latest Savills research, at figures ranging between €4.60-5.30 per sqm per month, out of 54 markets analysed, Prague and the Polish cities of Katowice, Wrocław, TriCity and Poznań are among the ten cheapest locations for renting a modern warehouse globally. In Europe, Poznań (€4.68/sqm/month) is the most cost-effective location with only certain cities in India and Vietnam having lower overall warehousing property costs.
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News 8.6 million sqm of extra warehouse space needed in Europe
27
Apr
2021

8.6 million sqm of extra warehouse space needed in Europe

by Property Forum
According to a recent report from Savills, an additional 8.6 million sqm of warehouse space is required by parcel companies in Europe between 2021 and 2025 to keep up with growing e-commerce demand.
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News Savills to manage Szyperska Office Center in Poznań
08
Apr
2021

Savills to manage Szyperska Office Center in Poznań

by Property Forum
Czech investment fund Investika has appointed real estate advisory firm Savills as property manager for its new acquisition Szyperska Office Center in Poznań. Savills will also once again act as an office leasing agent for the building after a short break.
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News Prague’s PBSA market set to grow further
07
Apr
2021

Prague’s PBSA market set to grow further

by Property Forum
The total stock of purpose-built student accommodation (PBSA) in Prague exceeds 28,400 beds. 91% of these capacities are in the ownership of universities and the remaining 9% is provided by the private sector, according to the latest Savills “Student Housing in Prague” report.
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News Savills appointed sole letting agent for Wratislavia Center
29
Mar
2021

Savills appointed sole letting agent for Wratislavia Center

by Property Forum
Savills has been instructed as sole letting agent for office and retail space in the Wratislavia Center in Wrocław, managed by the Austrian investor FLE GmbH.
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News Multifamily now considered a core asset class in Europe
22
Mar
2021

Multifamily now considered a core asset class in Europe

by Property Forum
Multifamily investment has proven to be the most resilient real estate sector in Europe during 2020 and the new core, with a 6% increase year on year and a 17% increase on the past 5-year average, according to Savills.
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News Sale & leaseback transactions will be popular in 2021
09
Mar
2021

Sale & leaseback transactions will be popular in 2021

by Property Forum
Sale and leaseback transactions (S&LB) in Europe reached a total of €8.4 billion in 2020, 8.5% higher than the five year average, with the trend set to continue into 2021, according to Savills. Also in Poland, Savills sees an increasing number of companies willing to take the sale and lease back route mainly in industrial and retail sectors.
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Latest news


New leases

  • Gemini Park Tarnów (southern Poland) is strengthening its offer with a new lifestyle clothing and footwear brand. The JD Sports store, with an area of over 400 sqm, will open to customers later this spring.
  • Lenovo and Motorola have opened their first showroom in the centre of Warsaw. The new showroom space was created on the ground floor of the Warszawa Hotel, in the historic Prudential building. Lenovo and Motorola took up an area of over 200 sqm on the ground floor of the building.
  • Catalyst Capital, the owner of Warsaw's Harmony Office Center, has signed an agreement under which premium flexible office operator The Shire—Beyond Coworking will lease approximately 1,400 sqm of space.

New appointments

  • Cushman & Wakefield has expanded its valuation team with the appointment of Marcin Malmon as Head of Valuation & Advisory and Monika Leszczyk, Deputy Head of Valuation & Advisory, as Head of Business Development.
  • The Valuation Department at consultancy Savills has strengthened its team. The new members are Karolina Sabatowska-Gomułka as Associate Director and Magdalena Ziółkowska as Consultant.
  • Bartosz Frąckowiak has become the new head of the CBRE office in Poznań (western Poland). He will be responsible for the integration of all CBRE business lines in the Wielkopolska region.

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