March 2019


Savills: Logistics warehouses in some countries are the only prime commercial assets in Europe offering yields above 5%

Savills: Logistics warehouses in some countries are the only prime commercial assets in Europe offering yields above 5%

21 March 2019

According to Savills latest research, the only prime commercial assets in Europe offering yields above 5% are prime logistics warehouses in markets such as Denmark, Czech Republic, Spain, Italy, Portugal, Romania and Belgium, along with prime offices and shopping centres in Athens and Bucharest and prime shopping centres and retail parks in the UK.

 
 
Two revamped buildings in Mokotów gain a new adviser

Two revamped buildings in Mokotów gain a new adviser

20 March 2019

Real estate advisory firm Savills has been appointed as sole office space letting agent for Innova Work Station (formerly Trinity Park II) and Signum Work Station (formerly Trinity Park III). Cooperation with Savills is part of the property owner’s new leasing strategy for the two buildings to capitalise on the rapid growth of the Służewiec area in Warsaw.

 
 
Savills Tenant School - The largest digital training programme dedicated to shopping centre employees

Savills Tenant School - The largest digital training programme dedicated to shopping centre employees

18 March 2019

Savills in Italy has today announced the launch of its Savills Tenant School online course, the largest and most significant growth programme in its field.

 
 
EUR 230bn - European investment volumes forecast

EUR 230bn - European investment volumes forecast

18 March 2019

European commercial real estate investment volumes are forecast to reach €230bn by the end of the year, which would mean that more than €200bn will have been invested in European commercial property for the sixth consecutive year, according to Savills. The firm notes that this is unprecedented in the history of the European investment market and underlines the continent’s status as a safe haven for investment.

 
 
Regional city office stock in Poland looks set to exceed 5 million sq m

Regional city office stock in Poland looks set to exceed 5 million sq m

14 March 2019

The office stock of Poland’s regional office markets will surpass 5 million sq m by the end of March 2019, says real estate advisory firm Savills. In 2018, new office supply in key business cities, excluding Warsaw, climbed a combined 500,000 sq m plus for the first time in history. Another 920,000 sq m is under construction.

 
 
Draft London Plan Examination: The Year of the Tall Building

Draft London Plan Examination: The Year of the Tall Building

14 March 2019

Last week the New London Architecture (NLA) reported 2019 as the year of the Tall Building with 76 tall buildings set to be completed in 2019.  

 
 
Draft London Plan Examination  Affordable Housing: Meeting the Challenge

Draft London Plan Examination Affordable Housing: Meeting the Challenge

13 March 2019

Last week saw the first in depth discussion of the GLA’s draft policy on affordable housing, with a heavy focus on securing continued delivery through the ‘fast track’ approach which was first introduced in 2016 through the Mayor’s Supplementary Planning Guidance.

 
 
World city luxury home price growth slows

World city luxury home price growth slows

12 March 2019

Price growth across the world’s leading prime city housing markets slowed significantly in the second half of 2018, according to latest data from the Savills world cities prime residential index, which recorded its smallest annual increase since the global financial crisis. 

 
 
Europe’s ‘second cities’ expected to be hotspots for future flexible office demand – Savills / Workthere

Europe’s ‘second cities’ expected to be hotspots for future flexible office demand – Savills / Workthere

11 March 2019

According to the latest research from Savills and Workthere (workthere.com), smaller capital cities across Europe  such as Dublin, Stockholm, Warsaw and ‘non-capital cities’ in core countries such as Hamburg, Frankfurt and Birmingham are likely to see strong demand for flexible office market.

 
 
Emerging European cities and alternative operating structures offer hotel investment opportunities - Savills

Emerging European cities and alternative operating structures offer hotel investment opportunities - Savills

11 March 2019

• Strong demand fundamentals means the higher yields available in emerging growth cities such as Dublin, Lisbon, Madrid and some Eastern European markets are looking increasingly attractive to investors willing to move up the risk curve • Cross-border buyers drive the majority of hotel investment across European cities