News

"Overall vacancy rates have continued to decrease across Europe, according to international real estate advisor Savills, with an average rate of 10.1% in H113, compared to 10.3% in H112."

"According to Savills latest report on Poland’s investment market, the annual transaction volume is likely to hit €3.0bn which would be a record level since 2006 with the majority of deals (up to circa 70%) attributed to retail.  "

"Savills has been appointed the sole agent for the en-bloc property located at 156–158 Nam Cheong Street, Sham Shui Po.  "

"Savills has been appointed sole agent for a whole floor of On Hing Industrial Centre, 18, On Kui Street, Fanling.  The asking price of the property is over HK$20 million, offering a rare investment opportunity."

"According to Savills latest office report, whilst domestic investors continue to dominate the market in Madrid, German institutional funds have returned to the sector joining the new buyers in this area including South American, British and Canadian parties. "

"A reduction in average vacancy rates across Germany’s top six office markets in the first half of 2013, combined with a 3% rise in prime rental levels in these markets, reflects a growing supply/demand imbalance according to Savills. "

"The focus of international and regional investors remains on Japan and Australia where generous cap rate spreads are supported by deep and liquid markets. Elsewhere, opportunities remain challenging due to quality assets being tightly held, but domestic investors have been able to conclude more transactions at a quicker pace compared with cross-border investors."

"Savills China held the Savills Industrial Redevelopment Forum at the Ritz-Carlton, Shenzhen on 5 July. Attracting over 150 company executives who own old industrial plants in the city, the forum offered insights and successful cases regarding issues of redevelopment in China, particularly in Shenzhen."

"Savills Property Management Limited (SPML) has proudly announced that the company has been awarded the Eco-property Enterprise (Gold award) by Prime Awards for Eco-Business 2013."