News

Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Office Space

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

"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. "

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News

Research

Paris tops global ranking for luxury retail rental growth - Savills

"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)."

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Research

Savills forecasts UK residential market in the next 5 years

"Brexit has had a significant impact on UK residential market. However, according to Savills latest research, market affordability is expected to determine the pattern of price growth over the longer term. “It’s the legacy of the global financial crisis – mortgage regulation in particular – combined with gradually rising interest rates that will really shape the market” – said Lucian Cook, Savills Head of Residential research."

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Promotions at Savills

"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."

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International Residential Property

Savills joins forces with Lucas Fox

"International real estate advisor Savills has formed a new residential association with Lucas Fox, one of the largest luxury real estate agencies in Spain."

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