May 2011


Stendörren acquires 1500 apartments

Stendörren acquires 1500 apartments

31 May 2011

Swedish private property company Stendörren, represented by international real estate advisor Savills, has purchased five properties with over 1500 apartments located in Husby in Stockholm’s western outskirts from Swedish listed propco Wallenstam for SEK 875m.

 
 
Aderhold move to Düsseldorf Harbour

Aderhold move to Düsseldorf Harbour

26 May 2011

Aderhold Solicitors have taken 1,400 sq m (15,069 sq ft) of office space in Düsseldorf’s Hafenspitze, one of the city’s most remarkable recent developments, advised by Savills. 

 
 
Brussels investment levels set to exceed €2bn in 2011 as new assets hit the market

Brussels investment levels set to exceed €2bn in 2011 as new assets hit the market

23 May 2011

Brussels office investment market is on track to exceed €2bn in 2011, which is a return to average levels  seen in the early 2000’s according to Savills research.

 
 
Savills Spain strengthens office agency team with Ignacio Sobrino

Savills Spain strengthens office agency team with Ignacio Sobrino

17 May 2011

Savills has swelled the ranks of its office agency department in Madrid with the appointment of Ignacio Sobrino who will be responsible for business development within the team.

 
 
SØR Rusche opens in Central Aachen

SØR Rusche opens in Central Aachen

16 May 2011

Men’s fashion outlet SØR Rusche GmbH, advised by international real estate advisor Savills, has taken 250 sq m (2,690 sq ft) of space at Büchel 10, Aachen. 

 
 
Savills Research: German Investment Market Q1 2011

Savills Research: German Investment Market Q1 2011

10 May 2011

Transaction volume totals approx. €5.53bn - retail properties dominate.

 
 
Savills Research: German Residential Portfolios Market Q1 2011

Savills Research: German Residential Portfolios Market Q1 2011

10 May 2011

Number of transacted units grows markedly with transaction volume rising slightly.

 
 
Dublin’s industrial market strongest in southwest

Dublin’s industrial market strongest in southwest

04 May 2011

A handful of significant lettings were done in Dublin’s Industrial market during Q1 2011 against a difficult economic backdrop according to international real estate advisor Savills.  The firm reports that demand for space was strongest in the southwest of the city with almost 32,000 sq m (344,445 sq ft) taken up in this area, out of a city total of 48,600 sq m (523,126 sq ft).  Significant deals in the southwest include the letting of over 10,000 sq m (107,639 sq ft) to Lidl in Belgard Road and 5,754 sq m (61,935 sq ft) in Naas Road, formerly the Nissan HQ. 

 
 
Spanish retail warehouse market sees investment volumes increase but a lack of stock for sale

Spanish retail warehouse market sees investment volumes increase but a lack of stock for sale

04 May 2011

According to international real estate advisor Savills, levels transacted in Spain’s retail warehouse market are moving towards the ten year average of €95m with €83m purchased in 2010 – treble the year before.

 
 
Swedish investment growth continues

Swedish investment growth continues

03 May 2011

A positive economic outlook and a continued market growth make Sweden’s investment market attractive for investors at home and abroad in 2011 according to international real estate advisor Savills.  The firm reports that by the end of Q1 2011 total turnover reached SEK 19.5bn (€2.18bn), up from SEK 18.5bn (€2.07bn) in Q1 2010. This quarterly upward trend began last year as investment volumes increased each quarter in 2010 compared with the same quarter in 2009 according to Savills.  In addition the volume of retail assets sold in Q1 2011 has already reached half the 2010 year total, at SEK4.3bn (€480m). 

 
 

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