News

"International real estate advisor Savills has appointed Sebastian Peters to head its office agency team in Hamburg."

"According to international real estate advisor Savills, 25% of Madrid’s new office space in 2012 will be refurbished projects."

"International real estate advisor Savills expects a continued steady rise in prime CBD office rents across European office markets and predicts a rise of 3.1% year-on-year on average in Q411 with London City, Lyon, Frankfurt, Brussels and Milan leading the way."

"Domestic investors are taking centre stage in Spain’s investment market making up 66.2% of investors in Q1-Q3 2011, up from 33.3% in the same period in 2010 according to international real estate advisor Savills. Total volume in Spain’s investment market totalled almost €1.25bn in the first three quarters of 2011."

"International real estate advisor Savills has advised local investor PH3 in the acquisition of a 15,000 sqm (161,458 sq ft) shopping centre in Pabianice, on the outskirts of Poland’s second largest city Lodz, for approximately €24m."

"International real estate advisor Savills advised a German project developer in the sale of a 12,000 sq m (129,166 sq ft) mixed use property in Schützenstrasse, Dortmund, to a Netherlands-based international investor for approximately €25m."

"Savills has appointed Petter Klingofström to head the Swedish leasing team at its Stockholm office."

"Approximately €17.24 bn of commercial property changed hands in Germany in the first nine months of 2011 following a strong third quarter according to international real estate advisor Savills."

"A private German investor has bought a 2,100 sq m (22,604 sq ft) office building in Kaiserswerther Straße, in the Golzheim area of Düsseldorf advised by international real estate advisor Savills. The seller is a German publishing house from North Rhine-Westphalia."

"Shoe retailer Skechers has opened their second Irish outlet in Mahon Point Shopping Centre in Cork, having taken up a 214 sq m (2,303 sq ft) unit on a 10-year lease."