ARTICLES TAGGED WITH "Savills"

"There Are Still Three Buyers for Every Seller"

Sweden Sweden — Peter Wiman, Head of Research and Head of Investment at Savills Sweden, shares his view on the beginning of the 2018 transaction year in Sweden and the Nordics.

Sweden Keeps Getting Hotter to Foreign Investors

Sweden Sweden — The Swedish real estate market is becoming increasingly attractive for international investors and in 2017 more than SEK 34 billion has been pumped into the country. Savills’ Peter Wiman tells Nordic Property News why Sweden has become attractive right now.

Second Time's a Charm for Savills IM and Ikea

Nordic — Savills Investment Management starts off their new Nordic retail fund through a major purchase of Ikea retail areas. The company’s Head of Nordics Peter Broström tells Nordic Property News about the process to seal the deal, what the distribution of the company’s Nordic investments will look like and how they view the future for retail.

Savills Hires Head of Occupier Services in Sweden

Sweden Sweden — International real estate advisor Savills has hired Anders Henningsson as Head of Occupier Services in Sweden in order to support the expansion of its European real estate platform.

Lilly Divests on Strøget for EUR 30M

Denmark Denmark — The Amagertorv 19 property is divested to Switzerland based holding company Richemont.

Kildare Partners Appoints Savills to Property Manage in Sweden

Sweden Sweden — International real estate advisor Savills has been assigned by Kildare Partners to property manage a portfolio of 18 buildings in Sweden. 

Treutiger New Head of Transactions at Savills

Sweden Sweden — Savills has recruited Robert Treutiger from Colliers to become the new head of the company’s transaction team.

Cross-Boarder Investment in Nordics Surges 23 percent

Nordic — Cross-border investment into Europe's Nordic countries rose to EUR 5.5 billion in the first half of 2017, 23 percent up on the same period in H1 2016. This represents a 29 percent share of the total volume invested in the Nordics in the year to date, according to research by international real estate advisor Savills.

Union Investment buys Sthlm Hub

Sweden Sweden — Mengus has sold Uggleborg 14, also known as Sthlm Hub, to Union Investment.

Förvaltaren Sells for EUR 64M

Sweden Sweden — Förvaltaren in Sundbyberg, Stockholm, has sold the property Terränglöparen 9 in Hallonbergen to the housing cooperative Terränglöparen 9 for a conversion to condominiums.

D Carnegie Acquires Portfolio from Balder

Sweden Sweden — D Carnegie has entered into an agreement to acquire residential property portfolios in Arboga, Köping and Tranås. The seller is Balder. The property portfolios comprises 42 properties and 1,681 apartments. The agreed property value is SEK 1.42 billion (EUR 150M) and the purchase price amounts to SEK 1.04 billion (EUR 110M). The transaction is a share deal with closing on May 2, 2017.

Savills: Stockholm Tops the League of European Shopping Centre Hotspots for Investors

Sweden Sweden — According to international real estate advisor Savills, Stockholm is currently the best European city for investment into shopping centres due to its "safe-haven" status, and its relatively wealthy population.

Savills Forms Association with Norwegian Malling & Co

Norway Norway — International real estate advisor Savills has extended its European network by forming a new association in Norway with Malling & Co., a privately held company with 165 professionals across offices in Oslo, Drammen and Stavanger.

Aberdeen Sells K3 in Copenhagen

Denmark Denmark — Savills has advised Aberdeen Asset Management on the sale of 3 Kobmagergade (‘K3’), in the heart of Copenhagen’s luxury shopping district. The buyer is a private investor.

Sweden's Rise in E-Commerce Drives Demand for Logistics Space

Sweden Sweden — The strong growth in e-commerce in Sweden is creating huge demand for new warehouse and logistics properties, according to international real estate advisor Savills. In the first half of the year, the sector saw an estimated transactional volume of just below SEK 10 billion (EUR 1 billion). This is only about SEK 3.2 billion (EUR 330M) lower than the full year average for the last ten years, and is a strong indicator of investor appetite for logistic and warehouse properties in Sweden. Listed Swedish property companies have been the most active investors during 2016.

CBRE Global Investment Partners Acquires in Copenhagen

Denmark Denmark — CBRE Global Investment Partners announces the acquisition of Sølvgade Complex Student Accommodation, Copenhagen.

Record Breaking Investment Volumes in Sweden

Sweden Sweden — During the first three months of 2016 Sweden witnessed a record SEK 35bn (€3.8bn) of investment into commercial real estate. According to international real estate advisor Savills, this investment volume is 39 percent up on Q1 2015 and 11percent higher than the previous Q1 record in 2007, an all time high for a first quarter period.

Large Hotel Deal at Oslo Airport

Norway Norway — State-owned Avinor sells the Radisson Blu hotel property at Oslo airport for approximately MNOK 1,5 billion (€160 M). The buyer is private company OG Ottersland AS.

Savills Recruits Market Leading Agency Team in Gothenburg

Sweden Sweden — Savills continues its ventures on Sweden’s west coast and recruits a market leading agency team to be based in their Gothenburg office. Nils-Åke Rydqvist will be managing and overseeing general office operations.

Savills Appoints New Head of Office Agency in Sweden

Sweden Sweden — International real estate advisor Savills has appointed Gabrielle Hemmerlind as head of office agency in Sweden based in its Stockholm office.

Swedish Prime Yields set for First Fall Below 4 % Since 1980s

Sweden Sweden — The gap between prime and secondary property yields in Sweden is set to fall by around 25bp this year as investor demand for secondary product grows, says realtor Savills. Prime yields may fall below 4% for the first time since the 1980s.

Savills Forms Danish Association

Denmark Denmark — International real estate advisor Savills has extended its European network by forming a new association in Denmark with Nybolig Erhverv.

SEB Divests its German Real Estate Investment Management Business

Sweden Sweden — Swedish bank SEB has signed an agreement to sell its German real estate investment management business, SEB Asset Management AG, including its main subsidiary SEB Investment GmbH, to Savills plc for a consideration of up to € 21,5 M in cash.