"Thanks to strong activity in Q1, total investment volume for the first half of 2022 increased by 60% year-on-year (y-o-y) and totalled EUR 1.15 billion. The largest transaction of the quarter was Adventum's acquisition of a portfolio of commercial properties anchored by Tesco stores. The value of the part of the portfolio located in the Czech Republic reached EUR 50-70 million. Adventum was represented by Savills in the acquisition."

"According to Savills, investment into the European logistics sector has again remained strong so far in 2022, reaching €14.3bn in the first quarter, following a record year in 2021 (€11.5bn). "

"According to Savills latest research EUR 898 million worth of investments were traded in the Czech Republic in Q1 2022, demonstrating a 210% year-on-year increase. Without the c. €1.3bn Residomo transaction which was closed in Q1 2020, this quarter's investment volume would be the highest since Q1 2019."

"From March 2022, UBM Development, one of Austria's most renowned property developers, has appointed international real estate advisor Savills as property manager for the Andaz Prague, located at Senovážné Square in the heart of Prague´s historic city centre."

"A Preliminary figures compiled by Savills suggest that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70bn, a 19.5% increase year-on-year. Despite geopolitical events, the real estate advisor expects solid European investment activity for the remainder of the year, notably fuelled by large portfolio and entity deals."

"According to Savills latest report, 2021 was the best year on record for the Czech industrial market in terms of tenancy activity, despite the low volume of new completions and extremely low vacancy rate. Gross take-up totalled a staggering 2.32 million sq m, being 53% higher than the previous record of 1.55 million sq m seen in 2020. Annual net take-up (excl. renewals) reached 1.48 million sq m, a 46% increase over the former record of 1.01 million sq m registered in 2017."

"Record revenue and profits resulting from extraordinarily strong trading recovery. "

"According to Savills, the e-commerce boom is continuing to drive demand for industrial and logistics assets across Europe, as new records were set for both levels of investment and leasing activity in 2021."

"With effect from February 2022, REICO investiční společnost České spořitelny, a.s. (REICO IS ČS), a leading Czech investment company operating in the Central Europe region, has appointed international real estate advisor Savills as property manager for its Prague office complex Bořislavka. Savills will work in cooperation with Active Retail Asset Management (ARAM) who will manage the retail scheme within the asset."

"Driven by large-scale mergers and acquisitions, European multifamily investment volumes in the 12 countries analysed reached approximately €92.3bn in 2021, a 79% increase year-on-year and a 120% increase on the past five-year average, according Savills."