News

"The characteristics, type and quality of a city’s residential stock are a key component of its global competitiveness."

"International real estate advisor Savills advised Harbert Management in the sale of 6,600 sq m (71,041 sq ft) Clémenceau 2 office building at 215 Av George Clémenceau, Nanterre, to HSBC."

"Office take up in Dublin increased by 60% in 2010, compared with 2009, to a level which researchers at Savills believe the market can sustain in 2011."

"Savills Singapore announces the expansion of its Residential Sales business with the formation of a new 550 strong sales team."

"Investors will do well to target the three to five year lease market this year, according to international real estate advisor Savills, as opportunities for return on investment arise from rental growth potential at lease break. "

"Supply is expected to increase in the Irish investment market in 2011 as banks, receivers and NAMA seek to initiate the disposal of assets, according to research by international real estate advisor Savills. The year has opened with a pipeline of deals still to close from 2010 and a strong demand from international investors who are seeking prime opportunities."

"Digital communications company Conrad Caine GmbH has taken office space in the renovated Art Deco Palais building at 56-60 Arnulfstraße, Munich. International real estate advisor Savills acted for the landlord, an international real estate fund, in the letting of 850 sq m (9,149 sq ft) of office space to the digital communications company. Conrad Caine GmbH, who was advised by Schmidt Immobilienhandel GmbH, will move into their new premises on 1 February, 2011."

"Foncière Paris France (FPF) has bought a 47,000 sq m (505,904 sq ft) office portfolio worth €160 million."

"• Take-up in the top five markets totalled approx. 2.68 million sq m in 2010 (+31% compared to 2009)• Rents increased in most locations• Vacancy rates are already on the decrease in selected locations"

"• 111 residential portfolio transactions comprising a total of 49,500 units• Total transaction volume approx. € 2.9 billion• Approximately half of the number of units purchased by foreign investors"