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.

Savills Luxembourg advises Grossfeld PAP on the sale of 10,500 sq m office building in Luxembourg to Intesa

Savills Luxembourg advises Grossfeld PAP on the sale of 10,500 sq m office building in Luxembourg to Intesa

19 September 2018

Savills Luxembourg has advised Grossfeld PAP, whose shareholders are Promobe and Extensa (part of Ackermans & van Haaren Group), on the sale of a new 10,500 sq m office building located on Ban de Gasperich, Luxembourg, to Intesa Sanpaolo Holding International. The building is to be developed and will be delivered by Q4 2021.

 
 
Savills: European investment activity slowing but fundamentals remain positive

Savills: European investment activity slowing but fundamentals remain positive

18 September 2018

During the first half of the year, the total investment volume in Europe reached more than €97bn. Although this is 5% down on the last H1 turnover, it remains 42% up on the average past 10-year H1s, according to international real estate advisor Savills. The Netherlands and Poland particularly stand out, recording an annual increase of investment activity of 176% and 100% respectively, followed by Ireland (94%) and Portugal (35%).

 
 
Ceetrus (Immochan) relocates to IBC

Ceetrus (Immochan) relocates to IBC

14 September 2018

Ceetrus (formerly Immochan Polska) has leased 1,225 sq m of office space at the International Business Center in Warsaw, to which it will relocate in late 2018. Deka Immobilien, the owner of the building was represented in the transaction by real estate advisory firm Savills, while the tenant was advised by Colliers International.

 
 
Deka Immobilien continues partnership with Savills

Deka Immobilien continues partnership with Savills

05 September 2018

Deka Immobilien has instructed real estate advisory firm Savills to lease another seven office buildings: Atrium One, Helion, Luminar, MatchPoint A and B as well as Mokotowska Square in Warsaw, and Andersia Tower in PoznaƄ. Savills will continue to act as an exclusive leasing agent for Grzybowska Park, International Business Center and North Gate.