News

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News

Almost half of office space under construction across Europe is already pre-let

"According to Savills latest European office report, almost half (45%) of office space under construction (2019 and 2020 pipeline) is already pre-let as vacancy rates dropped from 6.1% to 6% in Q1 2019, 100bps below Q1 2018. The sectors that have been driving demand since 2018 are Technology and Media, followed by Professional and Business services."

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News

Industrial and Logistics

Warehouse market maintains its momentum

"Despite a year-on-year decrease, demand for warehouse and industrial space in Poland outstripped new supply by a factor of almost two to one in the first quarter of 2019, says real estate advisory firm Savills. New locations are emerging on the nation’s logistics map in response to low unemployment on the core markets. Urban logistics facilities are also gaining significance."

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