Spotlight: European Office Development
Rising construction costs squeeze developer margins, but rental growth outlook remains positive
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Rising construction costs squeeze developer margins, but rental growth outlook remains positive
Read nowSavills presents the Portugal Real Estate Market Overview | Q1 2024, providing you a detailed analysis of the performance of the national real estate market during the first quarter of the year.
Read now"Prime yields remain static throughout August"
"Covid-19 has accelerated the changes in the European retail sectors. Consumers, retailers and landlords are adapting to a 'new normal'"
"The lockdown measures taken to prevent the spread of Covid-19 have had a profound impact on consumer behaviour"
"Turnover rents are common in some European markets and non-existent in others. In landlord and tenant negotiations, turnover-based rents have become part of the discussion, especially in the UK"
"The health crisis has brought forward a number of key trends that were already reshaping retail"
"Thanks to a strong start of the year, the accumulated volume since the beginning of the year reached €118.9bn, a 1.3% decrease compared to H1 2019"
"The reopening of hospitality has accelerated footfall recovery in some markets, however the feed through to city centres remains hampered"
"This year has seen levels of insolvency activity similar to that of 2019 however, with Q4 still remaining, we are likely to see an increase in the prevalence of operators facing financial difficulty in 2020"
"Covid-19 has adversely impacted much of the retail sector, resulting in increasing demand for alternative leasing models"
"Covid-19 continues to impact central London retail"