News

"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 Vietnam has appointed John Gallander as new Director of Savills Hanoi. John Gallander will bring over 27 years of real estate experience to the Savills group, including five years in Vietnam, primarily in the Hanoi market."

"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."

"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."

"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."

"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."

"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."

"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 Vietnam celebrates its 15th anniversary as the longest-running, continuously open, real estate consultancy in Vietnam, with operations since 1995. "

"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."