Business Immo, the real estate website

Eri Mitsostergiou

Director, European Research

Savills UK

Property advisor / Land planning / Interior fixtures - Space planning / Expert / Property management

Last update October 11, 2019 | Report an error

Peter Allen

Director, Head of Residential Investment

Mike Barnes

European Research Associate

Yolande Barnes

Head of Savills World Research

Tim Bretten

Director European Property Management

Sophie Chick

Director, World Research

James Coghill

Director, Head of Residential Capital Markets

Marcus De Minckwitz

Associate Director, European Cross-Border Investment, Logistics

Oliver Fraser-Looen

Head of European Retail Investment

Lucy Greenwood

Associate Residential Research and Consultancy

Jeremy Helsby

Group Chief Executive

Marie Hickey

Director of Savills Commercial Research

Tristam Larder

Joint Head of Regional Investment Advisory EMEA

Cal Lee

Founder and Head of Workthere

Kevin Mofid

Head of Industrial Research

Mat Oakley

Head of European Commercial Research

Mark Ridley

Group Chief Executive Officer (CEO)

Marcus Roberts

Director, Residential Capital Markets

James Sparrow

Chief Executive Officer, Savills UK and EMEA

Paul Tostevin

Associate Director World Research


Why Europe’s regional cities are attracting real estate investment

Real estate investment in non-capital cities has been a trend that has taken a few years to catch on in some countries. Turning the clock back (...)


European property themes 2018

Property will remain an asset class of choice.  Positive economic outlook will drive occupier demand for business space in 2018. Shortage of high quality accommodation will force (...)


European Offices - december 2017

Prime CBD rents are on average 1.7% above their peak rents and will continue to grow in 2018. In Q3 2017, prime CBD rents grew 3.3% (...)


European offices : The battle for brainpower

With business sentiment rising and unemployment falling across Europe, attracting and maintaining talent has become a challenge for employers. The EU28 unemployment rate was 7.7% in (...)


Briefing Note - European Investment

GDP in the Eurozone grew 0.5% in Q2 2017; the second highest growth since the economic crisis. Economic sentiment is at a multi-year high thanks to (...)


European Office Market - Q1 2017

Falling unemployment rates and business expansion are leading demand across Europe. Companies, who had previously been putting off making relocation decisions until the economy stabilised, are (...)


Europe : Record low yields and they continue to harden

Following the completion of the first round of elections in Europe, in the Netherlands and France, with the threat of anti-EU parties alienated, the downside risks (...)


Megatrends Travel – The changing hotel, tourist and destination

Over the past decade, the number of silver travellers (travellers aged 65+) has been rising and with 48.1% of EU citizens aged 65+ travelling abroad. Europe (...)


European Investment Briefing - February 2017

Despite the drop (-15% yoy) in total investment volumes, 2016 was another year of strong activity; the third highest on record since 2006 at €207bn. Decreases (...)


European Retail Markets 2016-2017

Despite the strong growth of online sales across Europe (12% yoy in 2016), the majority of retail sales still takes place in physical stores (e-commerce accounts (...)


Megatrends Leisure – How will we be wining, dining and socialising in 2025?

The leisure industry has changed remarkably over the past decade and the next decade will see further changes affecting how we spend our money and leisure (...)


Cross-border activity and mega deals on the rise in non-core markets - October 2016

It has been over two months since the United Kingdom’s groundbreaking vote to leave the European Union, yet there has been no sign of a major (...)


Briefing European Investment - August 2016

Despite the initial shock of the UK's vote to leave the EUropean Union on June 23rd, it seems unlikely that Brexit will trigger a major economic (...)


European Offices - December 2015

The third quarter of 2015 showed a positive trend in demand for good quality office space in the European cities we analyse. Take-up in Q3 was (...)


The powers of shaping real estate in 2025 and beyond

The next decade will see dramatic changes in how and where we live and work. Can the real-estate industry satisfy the needs arising from those changes? (...)


European property : 2015 themes

Property investor sentiment and their consequent market choices will be determined by a variety of economic and geopolitical factors in Europe and their home countries next (...)


Falling incentives as the office market improves

Rent incentives are determined by the different market fundamentals (availability, demand, confidence) combined with the individual local characteristics. They are therefore a good indicator of the (...)


European Offices

Europe’s economic recovery gathered momentum in Q4 2013, but remains fragile and reliant on rising activity in Germany. GDP expanded by 0.5% yoy, the first positive (...)


European investment

The total investment volume in 2013 was €141bn, 22% more than in the previous year. Strong results in the two biggest markets, UK and Germany, were (...)


Pre vs post GFC occupier trends

Take-up in the end of 2013 was still 30% below pre-crisis levels. We expect leasing activity this year to be in line with last year. The (...)


Investor interest is diversifying

Retail investment continues to rise in Europe. In the period Q1-Q3 2013 it increased by 6.8%. Significant increases have been recorded in Italy (36%) and Spain (...)


World Cities Review - H2 2013

Is quantitative easing creating asset price bubbles? Some economic soothsayers seem to think so. Cheap credit has pushed up prices in global commodity markets, the gold (...)


European investment - H1 2013

In the first half of 2013 the total commercial investment volume in our survey area was close to €50bn, about 3% higher compared to the same (...)


Poland investment

Investment volume in H1 2013 was over €1.26bn which is ca. 47% of the total 2012 volume and ca. 48% more than in H1 2012. In terms (...)


Warsaw office market

Total modern office stock in Warsaw exceeded 4 million sq m in Q2 2013. Nine office buildings of 152,500 sq m completed in H1 2013. Another 13 buildings (...)


European Offices

The European economy is showing signs of stabilisation as business sentiment is improving but a number of headwinds will restrain the pace of growth in 2014 (...)


Irish Hotel Market

Following several years of inactivity the hotel transaction market in Ireland improved dramatically in 2012 and this trend continued into 2013 with a number of landmark (...)


City Office

Take-up reached 2.8 million sq ft by the mid-year point. This is 27% up on the ten year average, and 28% up on the same period (...)


Prime office rent incentives

The deteriorating economic and business environment since the beginning of the financial crisis has led to a sharp decline in occupier demand across Europe. Landlords have (...)


The Irish recovery and hopes for Spain

The subprime mortgage crisis in 2007 has found both the Irish and Spanish economies overheated, overweight in the construction sector and less competitive. Between the end of (...)


Prime retail investment rising despite lower consumption

Recent indicators point to weak economic conditions in Europe and a bleak outlook, as most economists are revising their predictions downwards. The volume of retail trade (...)


Are markets diverging again ?

The ongoing political instability in Italy and the recent developments with regards to the Cyprus bail-out/ in agreement have destabilized the markets and increased the economic (...)


European investment

The overall volume invested in 2012 in our survey area increased by 10.3% compared to the previous year to €116.9 billion. UK, Germany and France accounted (...)


European Offices - Summer 2012

At the end of the first half of 2012, the economic recession has worsened in the peripheral markets and the risk of a spill-over effect to (...)


European investment bulletin

In most countries the reported lack of financing has restrained investments. However in some core markets including the UK, Germany and France domestic and international equity (...)


European Office Markets

Take-up decreased by 2.4% yoy on average in 2011, with the strongest slowdown in letting activity in the final quarter of last year, when the slowdown (...)


2012 European investment trends

The deterioration of economic outlook will have a negative impact on investor sentiment and market fundamentals. The focus will remain on prime, core markets and the (...)


Why Europe’s regional cities are attracting real estate investment

Real estate investment in non-capital cities has been a trend that has taken a few years to catch on in some countries. Turning the clock back (...)


Half Europe's 2yr 10m sqm office pipeline is pre-let as vacancies sink - Savills

Almost half of the 10m sqm European office pipeline for 2019 and 2020 is already pre-let, says adviser Savills. First quarter vacancies are down 100bp from (...)


Yield spreads, low rates to keep European real estate attractive to investors - Savills

Yield spreads around Europe will remain attractive in European real estate, and with interest rates expected to stay low, investment capital will continue to flow in, (...)


Europe’s second cities set for growth in flexible office space - Savills

Europe’s smaller capital cities are set for higher growth in flexible office space in the next few years as the serviced-office market matures in core European (...)


European office rents to rise by 3.4% as jobs climb, stock stays low - Savills

European office rents should rise by 3.4% on average this year, fuelled by a continued climb in employment and a lack of prime stock across the (...)


1H European multi-family resi investment surges to 5yr record 17% - Savills

Multi-family residential investment as a proportion of all CRE spend in Europe surged in the first half to 17%, almost €20.5bn and the highest in five (...)


CEE inflows rise to €12bn in 2017; yield compression to continue - Savills

Eastern Europe last year attracted almost €12bn in real estate investment, up 7% from 2016 as economic growth stayed robust, says global adviser Savills. It sees even (...)