"The Myslbek office and retail complex on Prague’s centrally located Na Příkopě street has been purchased by Max Realitní Fund. The property was acquired from Anatol Invest Holding B.V., a holding entity whose asset management services were provided by AEW. Savills and iO Partners jointly represented the seller in a co-exclusive agency capacity and provided commercial advisory services."

"Savills plc, the global real estate advisor, publishes the following trading statement in respect of the year ended 31 December 2024. The Group expects its full year performance for 2024 to be in line with its expectations and substantially ahead of the previous year."

"According to Savills Investment Research, the commercial property market in the Czech Republic is expected to have a strong start in 2025, with investment volumes projected to reach approximately €900 million in the first two months alone. This figure represents about half of the total volume for 2024, which stood at €1.8 billion. Considering that after the conclusion of these early-in-the-year transactions, 2025 will still have ten months remaining. We are therefore confident that we have reached a turning point in the market and that we will be witnessing a return to higher trading volumes in Czech commercial real estate. In 2024, investment volumes grew by 40% year-on-year, driven by notable transactions, giving good indication of the pick-up in tempo and investor appetite."

"According to Savills research, European retail investment volumes reached €19 billion for Q1 to Q3 2024, marking a 6% increase compared to the same period last year. Luxury high street yields are the most favorable among retail investment properties, remaining stable at 4.4%, similarly to the situation in the Czech Republic. The attractiveness of high street properties is highlighted by the recent acquisition by the Raiffeisen realitní fond, managed by Raiffeisen investiční společnost, a. s. The Fund acquired the iconic building housing Louis Vuitton at Pařížská 3, for which Savills has gained the property management mandate."

"According to the 2024 European Purpose-Built Student Accommodation (PBSA) Investment Barometer, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of c.€25.3 billion, respondents expect to increase the number of beds they have by 70% over the next 2-5 years. This would bring the total to over 220,000 beds, deploying a further €22 billion of capital."

"C.S.CARGO, a leading Central European logistics company, which has been providing comprehensive logistics services across Central and Eastern Europe for nearly 30 years, is expanding its operations by establishing new industrial premises at CTPark Kadaň. The lease of a total area of 4,200 sq m was facilitated by Savills."

"According to the „Ski Report“, published by Savills for the nineteenth time this year, Aspen, Courchevel 1850, Val d’Isère, and Verbier rank among the most expensive ski resorts in the world. Swiss resorts account for nearly half of the top 10, while French resorts for more than a third of the Savills Ski Prime Price League rankings. The average prime residential property prices in ski-renowned resorts, evaluated in the Ski Report, increased by 3.8% over the course of the past year."

"When choosing new office spaces, companies take into account a variety of factors, including location, public transport accessibility, office size, and interior quality. However, in light of the current economic situation and its impacts, employee catering options are becoming an increasingly significant consideration. The discussion on the topic "Offices & Gastronomy", organised by Savills, focused precisely on the factors influencing corporate catering. The panel featured Lenka Preslová from Crestyl, Filip Sajler from Eat Smart, Tomáš Šimon from SCS Software and Pavel Novák from Savills."

"According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. Since 2011, we have monitored at least a 30% share of renegotiations in total leasing activity on the Czech market, with renegotiations exceeding 45% of total demand in some years."

"According to Savills Investment Report, the commercial property market in the Czech Republic is expecting a strong close to 2024. The total transaction volume for the first three quarters of 2024 reached €1.09 billion. Although year-on-year investment volume remains nearly the same, the final months of this year could contribute almost 40 % of the current transaction volume, potentially exceeding €1.5 billion. The residential sector continues to maintain its momentum, recording a 131% year-on-year increase in volume over the first three quarters."