Tag: Savills
Global prime office rents up modestly, net effective costs surge in...
Prime office rents in major global cities have witnessed a modest rise of 1.1% year-over-year (YoY) as of Q1 2024, according to Savills' latest...
UK BTR market sees muted start to 2024 with £555m investment
Savills' latest report reveals a subdued start for the UK Build to Rent (BtR) market in Q1 2024, with a total investment of £555...
Moderate rise in German commercial real estate transactions expected this year
Savills predicts a moderate increase in German commercial real estate transaction activity in the upcoming months, driven by an influx of new products entering...
European office occupancy up to 59%, Madrid nears pre-pandemic levels
A new report by Savills shows Europe's average office occupancy rate is on the rise, climbing from 55% to 59% over the past year....
Angus Potterton becomes new head of Savills France
Savills has announced that Boris Cappelle, who has served as Chairman & CEO of Savills France since 2019, has decided to step down from...
Savills announces 14 promotions across West Midlands
International real estate advisor Savills has announced fourteen promotions across its Birmingham and Telford offices, effective from March 2024. The promotions see four people move...
Resurgence in European real estate investment expected to start in H2...
European real estate investment volumes are anticipated to hit around €34 billion in the first quarter of 2024, according to Savills latest research. Despite a...
Intra-European cross-border investors dominate continent’s property market
According to Savills' latest research findings, intra-European cross-border investment continues to play a pivotal role, constituting over half of the total cross-border capital, reaching...
Birmingham Q4 office requirements up 54% on long-term average – Savills
Take-up in the Birmingham office market experienced marginal growth in 2023, with total take-up reaching 703,000 sq ft, surpassing 2022 volumes and exceeding 700,000...
Prime office space shortage hampers demand in key European markets
New analysis from Savills has revealed a 17% decline in take-up across 22 European office markets in 2023 compared to pre-pandemic averages. The scarcity...
