European News

Read the latest news about how Savills is helping clients across Europe succeed in the ever-changing world of real estate.

Office market in Poznań is accelerating

Office market in Poznań is accelerating

28 June 2017

Total supply of modern office space in Poznań is expected to exceed 500,000 sq m in 2018. According to the report by real estate advisor Savills office market in Poznań is the fifth largest regional office market in Poland, however the growth of the market is accelerating as space under construction is over two times more than at the end of Q1 2016. The vacancy rate in Q1 2017 decreased year-on-year. Prime headline rents are expected to remain stable over the next 18 months.

 
 
International IT company opens an office in Poznań

International IT company opens an office in Poznań

23 June 2017

The software services company Mobica will open its branch in Poznań, creating over 100 new jobs. Recruitment process has already begun. The tenant will move into Temida office building in August. Mobica was advised by JLL and the owner of the building was represented by Savills in the transaction totaling 1 030 sq m of office space.

 
 
Savills recruits Stuart Jordan to head up investment team in Czech Republic

Savills recruits Stuart Jordan to head up investment team in Czech Republic

22 June 2017

International real estate advisor Savills has recruited Stuart Jordan to head its investment agency team in the Czech Republic.

 
 
Prime office yields in Europe’s principal CBDs reach record low in Q1, Savills

Prime office yields in Europe’s principal CBDs reach record low in Q1, Savills

13 June 2017

According to international real estate advisor Savills, the average yield in Europe’s prime CBD office market dropped for the first time on record to just below 4% in the first quarter of this year.  Prime office yields continued to harden on a quarterly basis in Paris La Défense (-50bps), Amsterdam (-40bps), Vienna (-25bsp), London City (-25bps) and in the ‘big six’* German cities (-10bps).  However Savills claims that prime office yields remained stable in most other markets and overall their level is 90bps below the long term average.

 
 
 

Key Contacts

Liz Williams-Bew

Liz Williams-Bew

Director
Commercial Marketing & Press

Savills Margaret Street

+44 (0) 20 7409 8140

 

Jamie Jago

Jamie Jago

Director
Residential Press Office

Savills Margaret Street

+44 (0) 20 7016 3880