News

" Office rental growth in Luxembourg will exceed 20% by year end 2010 with London’s City and West End set for over 10% growth, as well as Istanbul and Prague at approximately 8% and 5%. This is according to international real estate advisor Savills. "

"Completions of French office properties certified to HQE (Haute Qualité Environnementale) standard will increase by 61% in 2010 representing some 650,000 sq m, according to Savills. This is compared to a rise of 27% pa in 2008 and 44% pa in 2009.  "

" Savills has revealed its top ten European hot spots as investors divide into security hunters and risk takers. "

"According to Savills, a recent surge in investors in the US commercial real estate market will drive interest from new entrants as well as historic players."

"Savills plc, the international real estate advisor, is pleased to announce its results for the year ended 31 December 2009.Highlights Strong second half performance from Asia Pacific transactional business Strong performance from UK Residential business UK Commercial business strengthened in fourth quarter Cost savings of £62m achieved in the year Selective investment in new teams and individual recruitments "

" International real estate advisor Savills, on behalf of the Canadian Embassy, has been instructed to sell its former offices at 35 Nuñez de Balboa Street, Madrid.  "

"According to international real estate advisor Savills, en-bloc sales transactions in Mainland China totalled RMB 76.8 billion (US$11.2 billion) in 2009, down 3.6 per cent compared with 2008"

"Banking and financial tenants maintained a strong level of demand accounting for 25% of Luxembourg's lettings market during 2009."

"International real estate adviser Savills has been exclusively instructed to sell the former Irish Representation headquarters located on Rue Froissart 83 in the Leopold District of Brussels."

"Savills has been ranked the best Business Superbrand in the Real Estate advisory sector for the fourth consecutive year."