"In its global real estate outlook for 2023, Savills World Research team says that capital value increases in most real estate sectors around the world in 2023 will be minimal, and rental growth prospects limited, but investment activity may rebound in H2."

"Since the end of Q1 2022, real estate markets across the Globe have been increasingly challenged by geopolitical events, macro-economic issues and policy responses thereto. Despite this the Group performed ahead of its previous expectations for the year and substantially ahead of the 2019 “pre-COVID” comparative period."

"€42bn invested into industrial & logistics assets so far in 2022, 50% above the five-year average. In Q3 2022 average prime yields rose to 4.26%, up 20bps since Q1 2022. Consumer spending to slow in 2023 but grow by 2.6% over the next two years"

"Investment into the world’s office markets fell sharply in Q3, however, in its latest Capital Markets Quarterly report, Savills says that there is plenty of capital still circulating poised to target the best assets, as well as any areas of discount, as debt-backed buyers withdraw and others pause decision-making."

"According to Savills, the total investment volume for Purpose Built Student Accommodation (PBSA) in Europe reached €11.7 billion in the first three quarters of 2022, a 130% increase on the same period in 2021 and a record high."

"The buildings Na Příkopě, myhive Jungmannova and myhive Jindřišská in Prague have successfully obtained the international environmental certification LEED v4.1 in the category EB:OM (Existing Building: Operations and Maintenance). The properties recently became part of the portfolio of CPI Property Group, who acquired the buildings by taking over the majority share of IMMOFINANZ this year."

"Savills has hired Martin Ducháč who joined its Office Agency team on 1 October 2022. Based in Savills Prague office, the new Senior Office Consultant concentrating on Landlord Representation will work alongside the Head of Office Agency, Pavel Novák."

"Savills has hired Barbora Jansová who joined its Building & Project Consultancy team on  1 September 2022. Based in Savills Prague office, the new ESG Consultant & Project Manager will work alongside the Head of BPC, Jan Jurčíček."

"Slovak developer, Corwin, has sold the LEED Gold office and retail property, Blumental, to ZFP realitní fond managed by ZFP Investments, in one of Bratislava’s largest office transactions of the year. Property with 21,597 sq m of lettable area, which comprises over 16,000 sq m of office space and almost 3,500 sq m of retail premises, laid out over twelve above ground and two below ground storeys."

"Strong performance comfortably ahead of pre-pandemic levels. "