News

"International real estate advisor Savills has this week launched its new Corporate Finance department, coinciding with Dutch real estate fair Provada."

"Savills has been ranked as the UK’s number one property services firm in leading trade publication Property Week’s annual survey of property advisors for the eighth consecutive year and since the survey was established."

"International real estate advisor Savills has strengthened its property management team in the Netherlands with the appointment of Peter Sybesma as head of department."

"Rents of Grade A offices in the core business district (CBD) of Hong Kong are rising to unprecedented levels of nearly HK$200 per sq ft and this situation looks unlikely to change anytime soon.   However, these headline grabbing figures tend to obscure the broader reality that Hong Kong is a mature and diverse market offering a wide variety of office accommodation to tenants at a variety of prices."

"Barcelona’s office market has seen a quarter-on-quarter take up increase of 10% with over 60% of properties leased in new business areas, according to Savills. The international real estate advisor’s research confirms a trend that sees companies locating outside the Central Business District, in particular Placa Europa."

"Interest in Poland’s regional cities is rising, according to Savills, as real estate investment in 2011 is set to exceed €2 bn compared to a total volume of €1.73 bn in 2010."

"Swedish private property company Collegio, represented by international real estate advisor Savills, has sold three properties comprising a total of 49 apartments for SEK 90m (€10.1m)."

"Swedish private property company Stendörren, represented by international real estate advisor Savills, has purchased five properties with over 1500 apartments located in Husby in Stockholm’s western outskirts from Swedish listed propco Wallenstam for SEK 875m."

"Since the government’s introduction of the Special Stamp Duty in November last year, Hong Kong’s property market seems to have enjoyed a period of relative calm.  However, luxury properties remain the favourite among investors while some may hold back on selling their properties amid the current high prices, leading to insufficient supply in the market."

"Brussels office investment market is on track to exceed €2bn in 2011, which is a return to average levels  seen in the early 2000’s according to Savills research."