Savills

News

Senior Tenant Representation Brokers Join Cushman & Wakefield from Savills

Cushman & Wakefield has welcomed several brokers from Savills to its Tenant Rep team in Silicon Valley in June. The new appointees bring extensive knowledge of the technology, life science and biotech, healthcare, finance and gaming sectors to their new roles – with companies they have served collectively including Alibaba, Boston Scientific, Softbank, Cohesity, Twilio,…

News

Savills IM Acquires Swedish Distribution Centre for European logistics fund

Savills Investment Management (Savills IM), the international real estate investment manager, has acquired a distribution centre in Rosersberg near Stockholm, Sweden in an off-market transaction on behalf of its flagship European logistics fund, for an undisclosed purchase price. The fund’s portfolio comprises a total of 28 logistics assets in six European countries, and is now…

News

Savills IM Acquires Bury St Edmunds Warehouse Units

Savills Investment Management has completed the acquisition of five industrial warehouse buildings at Treatt Buildings, Northern Way Industrial Estate, Bury St Edmunds for £5.25 million (£833k per acre). The Northern Way Industrial Estate is located in an established industrial area of Bury St Edmunds and benefits from easy access to the A14, possessing a mix…

News

Savills IM Announces Senior Internal Appointments in Poland

Savills Investment Management (Savills IM) has promoted three senior members of its Polish team to new positions following a period of steady growth across tits business in East-Central Europe. Piotr Trzcinski, who joined the company’s Polish subsidiary when it opened for business in the country and previously served as the Head of Investment, will take…

News

DRC Savills Investment Management Finances Blackbrook Spanish Supermarket Portfolio

Funds advised by European investment fund advisor, DRC Savills Investment Management LLP (DRC SIM), financed a portfolio of 21 supermarket assets owned by Blackbrook Capital (Blackbrook). Blackbrook were advised by the EMEA Cushman & Wakefield Debt and Structured Finance (C&W) team on the financing. The portfolio is subject to long-term triple net leases to Eroski,…

News

Savills IM Announces New Head of Client Capital for the Netherlands

Savills Investment Management has hired Jan Willem Vis as Head of Client Capital, Netherlands. Based in Amsterdam, Vis will report to Giuseppe Oriani, Co-Head, Client Capital (EMEA) and work alongside Edgar Hertog and Marcel Fleminks – Co-Heads of Savills IM’s Netherlands operations, in a role that will develop client relations in the region. With over…

News

Savills IM Expands Expertise in Living Space

Savills Investment Management (Savills IM) has hired Adam Alari as Head of European Living Research. Based in London, he will report to Andrew Allen, Global Head of Research, Product Strategy and Development.  Adam’s appointment underlines Savills IM’s commitment to expanding its expertise and product offering in the Living space. His experience across the commercial living…

News

Savills IM Announces EUR 3.4 Billion of Transactions in 2021

Savills Investment Management (Savills IM) transacted more than EUR 3.4 billion globally in 2021, with Europe accounting for around EUR 2.6 billion and Asia EUR 670 million of the total figure. Globally, transactions included around EUR 2.1 billion of acquisitions and around EUR 1.2 billion of disposals, resulting in a net investment of approximately EUR…

News

Savills IM Nordic Logistics Fund Sells Danish Portfolio

Savills Investment Management (Savills IM) has sold a logistics portfolio consisting of four assets in Kolding and Greve near Copenhagen, Denmark, on behalf of its Nordic Logistics Fund. Macquarie Asset Management acquired the portfolio on behalf of its European logistics real estate fund. The purchase price was not disclosed. The assets have a total lettable…

News

ABG Capital Acquires VTG Center, Hamburg

Institutional investment manager ABG Capital has agreed the acquisition of The VTG Center, a prominent multi-tenant office complex in Hamburg-Mitte, Hamburg from Savills Investment Management (Savills IM).   One of 11 property holdings in the Savills IM Real Invest 1 fund – a closed real property institutional investment fund launched by Savills IM and three…

News

Savills IM Announces Senior Asia Pacific Appointment

10.11.2021, 11:20 Savills IM Announces Senior Asia Pacific Appointment Savills Investment Management (Savills IM) has appointed Nicholas Kinsey to the new role of Head of Logistics, Asia Pacific (APAC).   Stationed in Bangkok, Kinsey will assume responsibility for developing the real estate investment company’s logistics capabilities in the logistics sector across the Asia Pacific region.…

News

Cushman & Wakefield Poaches Senior Savills Tenant Reps

05.10.2021, 17:45 Cushman & Wakefield Poaches Senior Savills Tenant Reps Cushman & Wakefield has added veteran occupier services specialists Matt Hart as Vice Chairman and Alex Phillips as Executive Managing Director of its San Francisco office. Hart and Phillips were previously with Savills, where Hart was consistently recognized as a ‘Top Producer’ in the Bay…

News

Savills IM Fund to Acquire Leipzig Office Building

30.09.2021, 14:44 Savills IM Fund to Acquire Leipzig Office Building Savills Investment Management (Savills IM) has signed a purchase agreement for an office building currently under construction in Leipzig for its club deal special fund, “Savills IM Real Invest 1”.   The developer and seller is Helaba Real Estate Group business, OFB Projektentwicklung GmbH, which specialises…

News

European Logistics Fund 3 Acquires Amsterdam Distribution Centre

24.08.2021, 11:31 European Logistics Fund 3 Acquires Amsterdam Distribution Centre Savills Investment Management (Savills IM) has acquired a newly completed distribution centre near Amsterdam, the Netherlands from VDG Real Estate for EUR 46.9 million on behalf of its European Logistics Fund 3.   ELF 3 is an open special alternative investment fund targeted at international…

News

Acquisition of Danish New-build Distribution Centres

18.08.2021, 08:45 Acquisition of Danish New-build Distribution Centres Savills Investment Management has acquired a newly built distribution centre and a distribution centre that is currently under construction in Horsens, Denmark, for its European Logistics Fund 3 (ELF 3).   The vendor and tenant in the sale-and-lease-back transaction is logistics service provider DKI Logistics A/S. The…

News

Savills IM Acquires Warehouses from UBS

11.08.2021, 14:05 Savills IM Acquires Warehouses from UBS Savills Investment Management has acquired two warehouses within the Leganés Logistics Park on the outskirts of Madrid from UBS Asset Management for EUR 51.56 million.   The logsistics facilities are the latest addition to Savills IM’s portfolio on the Iberian peninsula, which includes assets under management (AuM)…

Events

Supporting the New Way of Working

20.07.2021, 10:40 Supporting the New Way of Working With Covid-19 lockdown restrictions lifting in many European countries, Savills venture Workthere is showcasing inspirational flexible office space that satisifes our new expectations of work. As workplaces begin to reopen, many of us are looking forward to getting back into the office to see co-workers and be…

News

Savills IM Adds Assets to Japan Residential Fund

30.06.2021, 10:38 Savills IM Adds Assets to Japan Residential Fund Savills Investment Management has acquired or committed to acquire a further JPY 24 billion (US $218 million) of residential real estate for inclusion in its Japan Residential Fund II (JRFII).   Twenty-four of the 27 new assets are in Greater Tokyo and will form part…

News

Contract Awarded for Cambridgeshire Net Zero Ready Industrial Development

28.06.2021, 11:20 Contract Awarded for Cambridgeshire Net Zero Ready Industrial Development Savills Investment Management (Savills IM) has awarded the construction contract for a new net zero carbon ready industrial development on the outskirts of Cambridge to be marketed as “Bourn Quarter”.   The contract award to Readie Construction follows a successful application for planning permission…

Blog

Where’s the Flexibility in Warehousing?

23.04.2021, 18:45 Where’s the Flexibility in Warehousing? Matt Whittaker, commercial director at Bis Henderson Space, explains how a shortage of storage space might derail forecasts from UK economists of a dramatic recovery from the Covid-19 pandemic. The government’s recent White Paper on planning omits a single reference to the land and space needs of supply…

Blog

Flex Space and London’s ‘Doughnut’ Boroughs

19.03.2021, 13:22 Flex Space and London’s ‘Doughnut’ Boroughs Cal Lee, global head of Savills venture Workthere, comments on predictions from UK Chancellor Rishi Sunak of a rise in hybrid and flexible working in London’s local hubs when the pandemic ends. Rishi Sunak has predicted a rise in hybrid or flexible working in local hubs once the pandemic is over.…

News

Acquisition Expands Smart Maintenance Capabilities

09.02.2021, 11:53 Acquisition Expands Smart Maintenance Capabilities Lift maintenance platform WeMaintain has acquired fellow PropTech startup and smart fire system maintenance platform Shokly.   WeMaintain’s state-of-the-art sensor technology captures rich data from buildings, and utilies sophisticated technology and highly skilled engineers to manage often ‘invisible’ maintenance operations more transparently. The company’s London launch in 2020…

Blog

The Alternative Market for Warehouse Space

08.01.2021, 15:13 The Alternative Market for Warehouse Space Companies with underutilised warehouse space are ignoring a potentially significant, and effort-free, revenue stream says Clare Snaith, Head of Business Development at Bis Henderson Space. It’s an acknowledged truth that the United Kingdom is ‘under-warehoused’. And the supply pipeline of new units is significantly constricted. According to…

Blog

A New Strategy for a New Reality

12.10.2020, 12:47 A New Strategy for a New Reality Steve Purvis, operations director at Bis Henderson Space, presents the arguments for intelligent inventories in post-Covid-19 supply chain logistics. In the wake of the Covid-19 pandemic, logistics professionals will be seeking to create supply chains that are far more flexible and resilient. Inevitably, a re-think on…

News

Hard Services Contract Awarded at 55 Ludgate

03.08.2020, 15:09 Hard Services Contract Awarded at 55 Ludgate Jaguar Building Services has won a contract to provide mechanical, electrical and fabric maintenance services at Procession House which is located at 55 Ludgate near London’s City Thameslink Station.   Occupying a 0.7-acre island site at Ludgate Hill, the property provides 105,944 sq. ft (9,842 sq.…

News

OMEGA Immobilien Group Acquisition

27.07.2020, 18:34 OMEGA Immobilien Group Acquisition Savills has announced the acquisition of Cologne-based property manager OMEGA Immobilien Management GmbH and its facilities management subsidiary, OMEGA Immobilien Service GmbH as it moves to strengthen its position in Germany. The principal companies in the OMEGA Immobilien Group provide a range of integrated services in offices, shopping centres,…

News

The Perfect Work-Life Balance

10.07.2020, 11:07 The Perfect Work-Life Balance With COVID-19 reshaped thinking about office-based working in the UK, Burrough Court in Leicestershire is rolling out a blended “Home & Hub” lifestyle concept. As lockdown restrictions ease even with the new coronavirus still in circulation, practical changes and a psychological shift are affecting how traditional office space is used.  Public opinion…

News

Television Centre M&E Contract

23.06.2020, 18:21 Television Centre M&E Contract Savills has selected Jaguar Building Services to deliver mechanical and electrical (M&E) services at the Television Centre in White City, London, following a competitive tender. Jaguar will be responsible for electromechanical services and the maintenance of building fabric for the portfolio which covers an area of over 1.4 million sq.…

News

Extension of Kings Place M&E Contract

17.03.2020, 11:44 Extension of Kings Place M&E Contract Savills Building Management has re-awarded the mechanical and electrical contract for Kings Place in the heart of London’s Kings Cross to Jaguar Building Services following a competitive re-tender process.   Under a new three-year contract, Jaguar will deliver a range of hard services at the 339,000 sq.…

News

Telford Shopping Centre Awards Hard FM Contract

23.10.2019, 11:09 Telford Shopping Centre Awards Hard FM Contract ABM UK has secured a hard services contract with Telford Centre, the largest shopping centre in Shropshire in the West Midlands with over 160 stores.   The 52-acre Telford Centre site is located is currently undergoing a £55 million redevelopment and is scheduled to re-open later…

News

London Office Space and the Realities of Brexit

14.06.2019, 14:30 London Office Space and the Realities of Brexit James Hennessy on why demand for office space in London is continuing to defy even the gloomiest Brexit predictions. Despite a slew of warnings from multinationals about the future of their UK operations, post-Brexit, demand for commercial office space in London is increasing. As the…

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