European News

Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills.

Non-core European countries see rise in retail investment – Savills

Non-core European countries see rise in retail investment – Savills

15 November 2018

Overall investment in the European retail sector reached €21 billion until end of Q3 2018, up 8% on 2017 – Savills

 
 
A new investor in Poznań - transcosmos has leased an office at IKEA's building

A new investor in Poznań - transcosmos has leased an office at IKEA's building

14 November 2018

Centrum Franowo, an office and retail building in Poznań owned by INGKA Centres Polska (formerly known as IKEA Centres Polska) has signed up its first office tenant from outside the Swedish group. Transcosmos leased approximately 850 sq m in the building. The tenant was represented in the transaction by real estate advisory firm Savills. 

 
 
Paris tops global ranking for luxury retail rental growth - Savills

Paris tops global ranking for luxury retail rental growth - Savills

14 November 2018

Paris has topped a new global ranking for luxury retail rental growth between Q3 2017 and Q3 2018, according to international real estate advisor Savills, demonstrating a 20% year-on-year rise.  The firm analysed the prime indicative asking rents across the core luxury retail locations in 25 global retail cities to create the ranking, with Avenue Montaigne in Paris reporting an increase from €15,000 to €18,000 per sq m per annum (Zone A).

 
 
Promotions at Savills

Promotions at Savills

09 November 2018

Global commercial real estate advisory firm Savills has announced the latest promotions in its Polish office. Savills has created within its organisational structure a special position dedicated to new asset classes and appointed a new director of office property management.