European News

Hardly a day goes by without discussion about property, finance or a major development getting on to the news agenda in some part of the world. This section of the website brings you all the news about Savills from the European region.

International IT company opens an office in Poznań

International IT company opens an office in Poznań

June 23, 2017

The software services company Mobica will open its branch in Poznań, creating over 100 new jobs. Recruitment process has already begun. The tenant will move into Temida office building in August. Mobica was advised by JLL and the owner of the building was represented by Savills in the transaction totaling 1 030 sq m of office space.

 
 
Savills recruits Stuart Jordan to head up investment team in Czech Republic

Savills recruits Stuart Jordan to head up investment team in Czech Republic

June 22, 2017

International real estate advisor Savills has recruited Stuart Jordan to head its investment agency team in the Czech Republic.

 
 
Prime office yields in Europe’s principal CBDs reach record low in Q1, Savills

Prime office yields in Europe’s principal CBDs reach record low in Q1, Savills

June 13, 2017

According to international real estate advisor Savills, the average yield in Europe’s prime CBD office market dropped for the first time on record to just below 4% in the first quarter of this year.  Prime office yields continued to harden on a quarterly basis in Paris La Défense (-50bps), Amsterdam (-40bps), Vienna (-25bsp), London City (-25bps) and in the ‘big six’* German cities (-10bps).  However Savills claims that prime office yields remained stable in most other markets and overall their level is 90bps below the long term average.

 
 
Warsaw office market: the occupier's perspective. A new era of co-working.

Warsaw office market: the occupier's perspective. A new era of co-working.

June 13, 2017

Savills has listed trends in the office market in Warsaw. The most important observation is the creation of a new group of tenants – co-working space operators, which generate an increasing share of demand. Also, as a result of Brexit, up to 4,000 new jobs can be created in Warsaw and the falling unemployment rate will increase the importance of office space in attracting best talents.