News

"Barcelona’s office market has seen a quarter-on-quarter take up increase of 10% with over 60% of properties leased in new business areas, according to Savills. The international real estate advisor’s research confirms a trend that sees companies locating outside the Central Business District, in particular Placa Europa."

"Interest in Poland’s regional cities is rising, according to Savills, as real estate investment in 2011 is set to exceed €2 bn compared to a total volume of €1.73 bn in 2010."

"Swedish private property company Collegio, represented by international real estate advisor Savills, has sold three properties comprising a total of 49 apartments for SEK 90m (€10.1m)."

"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."

"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 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."

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

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

"Brad Lyons and Steven Vazquez have joined Savills LLC – the real estate investment banking company that serves as the North American headquarters of one of the world’s largest real estate services firms. Both executives will serve as vice presidents at Savills. "

"High street chemist Boots has taken approximately 1,000 sq m of space at Blackpool Retail Park in Cork at a rent of around €275 per sq m per year.   International real estate advisor Savills advised the Shipton Group, who own the retail park, in the letting and Boots, who have taken a 15-year lease, are due to open their doors in May."