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Southern Europe recorded the largest annual decrease in total investment volume in Q2 2023

According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.

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  News Economy  |  Residential  |  Office  |  Europe  |  Residential  |  Office
German real estate industry is sending out an "SOS"

Germany managed to build only 295,300 homes in 2022, well below Chancellor Olaf Solz's target of 400,000 a year.

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Incentives offered to convert office buildings into apartments

Thoughts on changing zoning and urban planning rules.

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Hybrid work is the new "normal"

By 2030, McKinsey predicts, demand for office space will be up to 20% lower than it was in 2019.

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The new leadership in the Ministry of Infrastructure puts logistics sector on the spot

Road, railway, flood control, water, irrigation, building and port projects, as well as aviation infrastructure projects.

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  Projects Office  |  Europe  |  Office
European offices trade with a green premium

Significant rent increases across Europe's central business districts (CBDs), says Savills.

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Real estate market hurdles challenge small and startup businesses

Svills in a recent study found that a co-working space is 40% cheaper than a traditional space.

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  News Deals  |  Economy  |  Office  |  Europe  |  Office
Milan based office property Piazza Affari2 sold to Italian fund manager Kryalos

The proceeds from the Piazza Affari sale will be used to pay down debt and would reduce CEREIT’s gearing ratio by 2.1% to 37.2%.

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Low housing supply squeezes home prices up

Nominal prices of apartments in the first quarter of 2023 were increased compared to the corresponding quarter of 2022 by 14.5%.

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HSBC to leave Canary Wharf tower for new world headquarters

HSBC moved to Canary Wharf in 2002, having previously been based at sites in the City of London.