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 Monaco.

Sale and lease back offer return opportunities in European retail investment market – Savills

Sale and lease back offer return opportunities in European retail investment market – Savills

17 August 2018

Selling and leasing back is becoming an increasingly attractive option for value-add investors to source property in a European market where assets available for sale are rare, according to international real estate advisor Savills. Approximately €1.1 billion retail properties have been sold and leased back (SLB) in Europe in the past 12 months. In the first half of 2018 SLB accounted for €850 million (4%) of the total €18.5 billion invested in retail across Europe, according to Savills analysis of data from Real Capital Analytics. Savills says that this is six times the amount sold and leased-back during H1 2017 and 28% above the H1 average over the past five years, with SLB activity  being particularly driven by Spain, Italy, and the Netherlands; mature markets where retail ownership still offers opportunities for investors.

 
 
Starwood Capital Group buys office building in Frankfurt, Germany

Starwood Capital Group buys office building in Frankfurt, Germany

16 August 2018

An affiliate of Starwood Capital Group, a leading global private investment firm, today announced that it has acquired FIFTY AVON, an office property in Frankfurt am Main, in a joint venture with local operating partner CELLS Property Investors from four Guernsey-based funds. Terms of the transaction were not disclosed.

 
 
Intive is a new tenant at Szyperska Office Center

Intive is a new tenant at Szyperska Office Center

14 August 2018

Global digital product development company intive has relocated its Poznań office to the Szyperska Office Center. Real estate advisory firm Savills advised on the 650 sq m office lease transaction.

 
 
Caspio’s Research and Development Center in K1 in Krakow

Caspio’s Research and Development Center in K1 in Krakow

09 August 2018

Caspio leased nearly 500 sq m of office space in K1, the tallest office building in Kraków. This office space will be the future location for Caspio’s Research and Development Center in Krakow. The tenant was represented by the real estate advisor Savills.