Tag: Savills
Enduring occupier demand & record low vacancy rates will underpin resilience of EU industrial...
€42bn invested into industrial & logistics assets so far in 2022, 50% above the five-year average
In Q3 2022 average prime yields rose to 26%, up 20bps since Q1 2022
Consumer spending to...
Commercial Real Estate facing new challenges in 2023
Real estate adviser Savills presents a preliminary summary of 2022 and predicts key trends for the coming months. The commercial property market in Poland is facing uncertainty and rising prices but remains underpinned by...
European PBSA investment volume reaches record €11.7 billion, a 130% increase year-on-year
According to Savills, the total investment volume for Purpose Built Student Accommodation (PBSA) in Europe reached €11.7 billion in the first three quarters of 2022, a 130% increase on the same period in 2021...
Living and logistics sectors in top European investors wish list
According to a survey conducted by Savills involving real estate investors with total EME assets under management exceeding €500bn, European multifamily, big box logistics, urban logistics, CBD offices and student housing are the top...
Strong office demand amid growing undersupply on the Warsaw office market
According to real estate advisory firm Savills, development activity has cooled dramatically on the Warsaw office market. There is currently close to 230,000 sq m under construction, of which just over 115,000 sq m...
PRS market from various perspectives
The PRS market accounts for a mere 1% of all rental flats in Poland. Despite being in its infancy, it is likely to become a strong investment alternative and gain popularity in light of...
European office take-up 11% above 5-year average
According to Savills latest research, take up in the European office market in H1 2022 reached 4.3m sq m, 11% above the five year H1 average.
Professional and business services remained the most active...
Record 6 months for Warsaw office lettings
In the first half of 2022, office take-up in Warsaw hit a record high of 479,400 sq m, representing a year-on-year increase of 94%. Savills forecasts that the growing undersupply of office space will...
European logistics real estate market
According to Savills, investment into the European logistics sector has again remained strong so far in 2022, reaching €14.3bn in the first quarter, following a record year in 2021. A shortage of prime stock...
Office supply hits record highs in regional cities
New office supply in regional cities in Poland hit a record high of 243,500 sq m in Q1 2022, representing an uplift of 5% on the previous peak in Q4 2019, reveals real estate...
Recovery takes off on the Warsaw office market
The Warsaw office market is showing signs of a long-awaited recovery, says real estate advisory firm Savills. Office take-up hit 273,200 sq m in the first three months of the year, which were one...
The world’s most expensive flexible office locations
New York and San Francisco have emerged as the most expensive flexible office markets worldwide, while Berlin is one of the fastest-growing European markets, according to Workthere, a flexible office listing platform launched by...
Multifamily investment volumes in Europe reach €92.3bn, a 79% year-on-year increase
Driven by large-scale mergers and acquisitions, European multifamily investment volumes in the 12 countries analysed reached approximately €92.3bn in 2021, a 79% increase yoy and a 120% increase on the past five-year average, according...
Record levels of activity across Europe’s logistics market
Savills: e-commerce boom continues to drive record levels of investment & leasing activity across Europe’s logistics market.
According to Savills, the e-commerce boom is continuing to drive demand for industrial and logistics assets across Europe,...
Decarbonisation as a priority for the real estate market
An increasing number of value-add investment opportunities will emerge in 2022, said Savills, as decarbonising buildings and ESG-requirements create redevelopment opportunities across Europe.
The international real estate advisor said that the risk of stranded...
Retail investing across Europe is set to get competitive in 2022, says Savills
Following years of turmoil in retail, 2022 will bring rental growth and increased investment capital to the sector across Europe, according to Savills.
The international real estate advisor said that the retail sector is...
Re-shoring, automation and remote working set to change the shape of Europe’s logistics sector
Warehouse occupiers are prioritising the shortening of supply chains to mitigate business risks, a trend that is likely to dominate the demand for warehouse space in Europe for the next three years, reports Savills...
Rising student numbers in Europe to drive PBSA demand
A rapid growth in student numbers will drive demand for student housing in the next five years across all larger European university hubs – especially major Spanish and Italian cities, Savills forecasts. Also in...
Property Market has adjusted to the new reality and regains momentum
Real estate advisory firm Savills presents a preliminary summary of 2021 and predicts trends for the coming months. The commercial real estate market in Poland is regaining momentum but has changed significantly, reveals Savills....
Savills: warehouse market red-hot as never before
The Polish warehouse market continues to power ahead, reveals the latest report from real estate advisory firm Savills. The development pipeline is historically high and take-up activity is on track for another record year....