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News

Investors clearly focus on Berlin residential portfolios

"The residential portfolios markets continued to improve throughout the second quarter of 2011 with almost 17,500 residential units changing hands during the period from April to June, according to research by international real estate advisor Savills."

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News

New Director of Savills Hanoi

"Savills Vietnam has appointed John Gallander as new Director of Savills Hanoi. John Gallander will bring over 27 years of real estate experience to the Savills group, including five years in Vietnam, primarily in the Hanoi market."

News

Terrania AG buys six-storey asset in central Düsseldorf

"Terrania AG has acquired a 3,590 sq m (38,642 sq ft) mixed-use property at Liesegangstraße 17/17, in central Düsseldorf The commercial real estate firm has bought the six-storey asset, which is currently almost 100% let, from IVG Institutional Funds GmbH. International real estate advisor Savills obtained the deal."

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News

Munich leads German office take up H111

"According to Savills research Q2 11 take-up in the office markets of Berlin, Dusseldorf, Frankfurt, Hamburg and Munich totalled over 717,000 sq m and exceeded Q1 by 12.5%. Furthermore H111 take up was approximately 1.36 million sq m of office space marking a 13.7% increase compared to the same period of last year."

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News

Retail dominates German investment market in H1 2011

"Savills latest German investment report states that commercial real estate worth approximately €11.03 billion was transacted throughout the first half of 2011 in Germany. Retail dominated with seven out of the ten largest transactions in this sector equating to 51% of the market."

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