News

"World class cities not only attract international business, they are also the haunt of a growing number of global billionaires who are increasingly important investors in residential real estate, and their wealth is creating a new global super class of real estate, says Savills."

"International real estate advisor Savills has today (19 September 2011) announced that William Gould is to take on the role as head of its Italian office. Lionello Rosina, who has led the Italian operation for seven years, will remain as a consultant to the company."

"International real estate advisor Savills has appointed Pierre Olivier Defour and Stéphanie Gauchot-Bardet to join its Office Agency team in Paris."

"International real estate advisor Savills has been instructed to undertake valuations for Kingfisher Plc in the UK and France."

"Savills forecasts that 2011 will see some European markets beat 2010 levels in terms of annual turnover, including Germany, Ireland and Norway."

"Netherlands office markets of Rotterdam and The Hague recorded significant investment turnover during H111, at €80m and €107m respectively, with Amsterdam in line with last year’s figures at €200m but Utrecht’s €67 million falling slightly lower."

"Savills has strengthened its operations in Germany with the appointment of Mischa André Koch as a director in the firm’s investment team in Frankfurt."

"Savills has represented state owned Bao Steel in the acquisition of three floors at Shanghai World Finance Center (SWFC) for US$133 million (RMB866 million)."

"International real estate advisor Savills advised APOprojekt GmbH & Co. KG in the letting of 826 sq m (8,890 sq ft) of space in the Brahms Kontor office building in central Hamburg. The fit out firm will move into their new headquarters in April 2012."

"The Madrid office vacancy rate has eased in the second quarter of 2011, standing at 4.73% in the city’s Central Business District (CBD), down from 5.31% in Q111, according to international real estate advisor Savills."