"Savills has successfully facilitated the disposal of Green Park, Letňany, in Prague 18. The property has been acquired by the CREDITAS Nemovitostní I fund."

"According to the Savills Prime Residential Index: World Second Home Locations report, the French Riviera (Côte d'Azur) is the world's most desired place for second home. Followed by Monaco, the ski resort Aspen, Tuscany and with Mallorca closing the TOP 5."

"According to the report by Savills and Statista (statista.com), the European AI market will reach €76.5bn this year, up by 25.9% compared to 2023. The annual growth rate is expected to be 15.9% until 2030. These numbers confirm that artificial intelligence is gaining traction across industrial sectors, and data centres will be no exception."

"Savills, a real estate company in the UK, has a long history of selling numerous British estates and castles, often bearing the mark of noble families or celebrity owners. These renowned and well-maintained properties typically boast at least twenty bedrooms and bathrooms. If you aspire to live like British nobility, you can expect to pay up to £25 million (CZK 720 million) for such an estate."

"As part of the "Quo Vadis, Prague?" office sector discussion, Savills analysed the development of the Prague market in terms of construction, economy, investment, tenants' and landlords' requirements, also in comparison with other major European cities. At first sight, it may seem that there are enough office spaces for rent in Prague and that the trend of working from home will reduce their demand. However, the numbers speak clearly - companies do not have enough office buildings to choose from and where to grow. The speakers of the discussion included Pavel Streblov from Penta, Stuart Jordan and Pavel Novák from Savills and Rebecca Webb from the London office of Savills, who provided more insights into European trends."

"According to the Savills World Cities Prime Residential Index 2023, Monaco remains the most expensive residential property market in the world with capital values standing at €51,400 (CZK 1,3 million), up 0.9% on the previous year 2022 and 1% below the record price of €51,900 seen in 2021. The most expensive district in the Principality is Larvotto, with a price of €65,000 (CZK 1.6 million) per square metre. You can rent a 40-metre apartment for an average of €4500 (CZK 110 000) per month. The transaction volumes in Monaco were down by 8.7% for 2023, but the total volume by value still remains over €3.2 billion."

"Czech investment group Star Capital Finance (SCF) this week bought a portfolio of six Polish shopping centres from global investment group Cromwell Property Group. The value of the transaction is over CZK 7 billion. This is one of the largest real estate transactions in Central Europe in the last few years. With this move, SCF enters a third country and strengthens its position in the Central European retail market, where it already owns and operates shopping centers in the Czech Republic and Slovakia."

"On 15 May 2024, Savills CEO for Central & Eastern Europe (CEE), Stuart Jordan, collected the Industry Professional of the Year Award at the CEEQA Awards 2024.  "

"According to Savills, the return of employees to work, students to schools and tourists to cities has had a significant impact on the utilization of local metro systems. In Prague, the number of passengers in 2023 returned to 90% of pre-pandemic levels, while in Singapore it reached 96%, in Madrid 98%, and in Shanghai even 100% of pre-pandemic levels. However, there are cities where the numbers remain noticeably lower than before the pandemic, such as London, where metro passenger numbers have returned to 84%, in New York to 70%, in San Francisco to 71% and in Los Angeles to 67%."

"Upvest and Savills cooperate on projects related to investments in a form of share in a class of assets known as real estate private debt and private equity. Savills provides technical due diligence for these types of real estate projects, which is, along with commercial, legal or financial pre-investment due diligence, crucial for this type of investment. After evaluating all aspects and results of external reviews, Upvest adjusts the contractual relationship in the context of the identified risks and either implements or rejects the investment project if insurmountable risks are identified. Upvest has so far financed CZK 3.4 billion within 52 investment projects (with a total value of CZK 23.2 billion) and has paid out CZK 1.6 billion to investors."