News

"SOHO China Limited, represented by Savills Shanghai, has acquired Shanghai New World Changning Commercial Center for US$500 million (RMB3.2 billion)."

"Savills announces its interim results for 2011 with Group revenue up 10% to £335.8m (2010: £304.4m) and group profit before tax up 39% to £20.0m (2010: £14.4m)."

"H1 2011 take up in Warsaw totalled 320,000 sq m and was 46% higher when compared to H1 2010, according to Savills, with non CBD take up exceeding 207,000 sq m."

"Savills latest Dublin industrial market research estimates that take up for 2011 will reach 150,000 sq m, following the completion of 22 deals in Q2 2011."

"Dutch fashion firm Just Brands has taken 550 sq m (5,920 sq ft) of office space in Düsseldorf’s harbour district, called Medienhafen, advised by international real estate advisor Savills."

"Savills has appointed three of America’s most accomplished hospitality executives to join its Washington DC office."

"The investment volume in Poland’s commercial real estate market reached just over €1bn in the first half of 2011 according to research by international real estate advisor Savills, reflecting rising investment activity in Poland and confirming its strong position in Central and Eastern Europe."

"Redevco has sold a 2,600 sq m (27,986 sq ft) office asset at 51 Rue d’Anjou, in the 8th arrondissement of Paris, for €17.2m advised by international real estate advisor Savills, CBRE and BNP Real Estate."

"Savills today announces the merger of its Singapore-based Savills Property Management business unit with CKH Strata Management to create an industry leader specialising in the asset, property and facilities management market place."

"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."