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News

Irish investment supply to increase in 2011

"Supply is expected to increase in the Irish investment market in 2011 as banks, receivers and NAMA seek to initiate the disposal of assets, according to research by international real estate advisor Savills. The year has opened with a pipeline of deals still to close from 2010 and a strong demand from international investors who are seeking prime opportunities."

News

Old meets new as a digital communications company rents office space in Munich’s listed Art Deco Palais

"Digital communications company Conrad Caine GmbH has taken office space in the renovated Art Deco Palais building at 56-60 Arnulfstraße, Munich. International real estate advisor Savills acted for the landlord, an international real estate fund, in the letting of 850 sq m (9,149 sq ft) of office space to the digital communications company. Conrad Caine GmbH, who was advised by Schmidt Immobilienhandel GmbH, will move into their new premises on 1 February, 2011."

News

German office markets see 30% rise in lettings

"• Take-up in the top five markets totalled approx. 2.68 million sq m in 2010 (+31% compared to 2009)• Rents increased in most locations• Vacancy rates are already on the decrease in selected locations"

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