July 2011


Rise in German student numbers creates investment opportunities in student apartments

Rise in German student numbers creates investment opportunities in student apartments

29 July 2011

With a shortage of student halls places and the suspension of national service in Germany this summer, which is expected to boost student numbers, international real estate advisor Savills believes the student apartment market is ripe for investment for both risk-averse and opportunistic investors.

 
 
Investors clearly focus on Berlin residential portfolios

Investors clearly focus on Berlin residential portfolios

26 July 2011

The residential portfolios markets continued to improve throughout the second quarter of 2011 with almost 17,500 residential units changing hands during the period from April to June, according to research by international real estate advisor Savills.

 
 
Savills advises in purchase of two Wasquehal office buildings

Savills advises in purchase of two Wasquehal office buildings

14 July 2011

International real estate advisor Savills has advised a French regional fund in the acquisition of two fully let office assets in Wasquehal, north France, for €4.79m.

 
 
Lundbeck Italia move into Milan CBD

Lundbeck Italia move into Milan CBD

13 July 2011

Pharmaceutical firm Lundbeck Italia has taken 1,260 sq m (13,562 sq ft) of office space on the sixth floor of Largo Donegani 2, at the junction with Via della Moscova 3, in central Milan. Lundbeck was represented by international real estate advisor Savills.

 
 
Terrania AG buys six-storey asset in central Düsseldorf

Terrania AG buys six-storey asset in central Düsseldorf

12 July 2011

Terrania AG has acquired a 3,590 sq m (38,642 sq ft) mixed-use property at Liesegangstraße 17/17, in central Düsseldorf The commercial real estate firm has bought the six-storey asset, which is currently almost 100% let, from IVG Institutional Funds GmbH. International real estate advisor Savills obtained the deal.

 
 
Munich leads German office take up H111

Munich leads German office take up H111

11 July 2011

According to Savills research Q2 11 take-up in the office markets of Berlin, Dusseldorf, Frankfurt, Hamburg and Munich totalled over 717,000 sq m and exceeded Q1 by 12.5%. Furthermore H111 take up was approximately 1.36 million sq m of office space marking a 13.7% increase compared to the same period of last year.

 
 
Retail dominates German investment market in H1 2011

Retail dominates German investment market in H1 2011

11 July 2011

Savills latest German investment report states that commercial real estate worth approximately €11.03 billion was transacted throughout the first half of 2011 in Germany. Retail dominated with seven out of the ten largest transactions in this sector equating to 51% of the market.

 
 
Dublin Grade A office demand will outstrip supply

Dublin Grade A office demand will outstrip supply

07 July 2011

Savills latest research data highlights that Dublin office market activity in the first half of the year is showing a more pronounced split between prime and secondary locations.

 
 
Belgium: Goodman to build Duvel's warehouse

Belgium: Goodman to build Duvel's warehouse

07 July 2011

Goodman Group (Goodman or Group) has agreed to develop a 25,547 sq m turnkey warehouse and distribution centre at Puurs, Belgium for Duvel Moortgat, an independent producer of speciality beers such as the premium brands Duvel and Vedett.

 
 
Savills advises aik in purchase of the Hague office building

Savills advises aik in purchase of the Hague office building

01 July 2011

aik (APO Immobilien-Kapitalanlagegesellschaft mbh) has bought the 4,193 sq m (45,133 sq ft) Gebouw Hofstaete office building at 15-25 Parkstraat, The Hague, advised by international real estate advisor Savills.

 
 

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