Savills

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Rising defence spending in Europe: 37 million m² of additional demand for logistics and industrial space possible by 2033

According to a recent report by Savills, rising defence spending and new NATO commitments will lead to a significant increase in demand for industrial and logistics real estate across Europe and the UK.

New logistics survey from Brookfield Properties, Savills and Analytiqa shows growing confidence among investors and developers, but caution among users

Investor and developer confidence is increasing, with 41% of users expecting to expand their warehouse space next year, up 12 percentage points from last year.

Inconsistent standards make it difficult to compare the energy efficiency of buildings in Europe

The energy efficiency classes of commercial real estate in Europe are only comparable to a limited extent. Savills points this out in a recent article as part of the Impacts publication series.

Global real estate transaction volume remains stable, with “growth and outperformance niches in selected regions and sectors”

According to Savills' latest Takes Stock Global Capital Markets Report, global real estate transaction volume amounted to $380 billion in the first half of 2025. This is largely in line with the level of the first half of 2024.

Retouren

Savills: $1 trillion worth of returns expected in 2025 as companies gear up for returns logistics

According to Savills' latest Impacts study, global e-commerce sales are expected to reach $4.8 trillion in 2025, with $1 trillion worth of goods expected to be returned.

Logistiklager

Savills: Logistics market in the storm of world politics – New opportunities through the customs agreement?

While the recent agreement between the EU and the US is an important signal, it does not yet mark a return to the trade stability of previous years.

Büroimmobilien

Savills: Yields for European office properties in the premium segment fall – buyers return

According to Savills, average prime yields for office properties in Europe fell by 5 basis points (bps) in the second quarter of 2025. This means that offices remain the most heavily traded sector in the region.

Savills: Investments in European care properties pick up again

According to a recent analysis by the international real estate consultancy Savills, investment volumes in the European nursing home market have recovered significantly in the second half of 2024 and in the course of 2025 so far.

Immobilienmarkt

Rethinking the real estate market: New environment places higher demands on owners and investors

Savills takes a look at the German real estate market in his current spotlight.

Office Buildings

Savills: European prime office yields harden as buyers return to markets

According to Savills, average prime office yields in Europe compressed by 5 basis points (bps) and offices remained the most transacted sector in the region.

Gewerbepark Ammerkamp in Kirchheim

Savills: Specialist courier service provider World Courier leases 2,400 m² in Kirchheim near Munich

The specialist courier service provider in the premium segment World Courier has leased around 800 m² of office space and 1,600 m² of logistics space in the Ammerkamp industrial park in Kirchheim and is expected to move into the location at Ammerthalstraße 2-32 at the beginning of 2026.

Sendlinger Tor

Savills: Darktrace rents 950 m² of office space on Munich’s Altstadtring

The owner of the new office space is a private investor. Savills acted as an advisor to the tenant throughout the brokerage process, while the landlord was advised by CBRE.

Immobilieninvestments Berlin

Berlin real estate investment market: While outlook brightens, transaction volume remains low

According to Savills, in the 1st half of 2025, around 2.1 billion euros were turned over on the Berlin real estate investment market. Compared to the same period last year, this corresponds to a decrease of 43%.

Immobilieninvestments Düsseldorf

Düsseldorf real estate investment market: While investors remain selective, sellers are increasingly realistic about achievable prices

According to Savills, around 414 million euros were turned over in the Düsseldorf real estate investment market in the 1st half of 2025. Compared to the same period last year, this corresponds to a decrease of 48%. Compared to the 10-year average, sales were 65% lower.

Immobilieninvestments Frankfurt

Frankfurt real estate investment market: Significantly more sales processes, especially in secondary locations

According to Savills, around 248 million euros were turned over on the Frankfurt real estate investment market in the 1st half of 2025. Compared to the same period last year, this corresponds to a decrease of 58%.

Immobilieninvestments München

Munich real estate investment market: Private capital takes advantage of increasing willingness of institutional investors to sell for countercyclical purchases

According to Savills, around 980 million euros were turned over in the Munich real estate investment market in the 1st half of 2025. Compared to the same period last year, this corresponds to a decline of 27%. Compared to the 10-year average, sales were even 54% lower.

Immobilienmarkt Hamburg

Hamburg real estate investment market: Increasing transaction activity and intensified competition for core-plus and value-add properties

According to Savills, around 891 million euros were turned over on the Hamburg real estate investment market in the 1st half of 2025. Compared to the same period of the previous year, this corresponds to an increase of 17%. Compared to the 10-year average, sales were 56% lower.

Büromarkt Frankfurt

Office leasing market in Frankfurt Q2-2025: High market activity – strong demand for modern space

In the first half of 2025, the office letting market in Frankfurt recorded take-up of 340,100 m². This was 93.9% higher than in the first half of 2024. Compared to the 10-year average of the 1st half of the year, sales increased by 73%.

Büromarkt Düsseldorf

Office rental market in Düsseldorf Q2-2025: Rising vacancy rates increase pressure on landlords

In the first half of 2025, take-up on the Düsseldorf office letting market was around 98,700 m². This was a decrease of 11.3% compared with the same period a year earlier. Compared to the ten-year average, sales were around a third lower.

Büromarkt Hamburg

Office letting market in Hamburg Q2-2025: Premium space in central locations remains scarce

In the first half of 2025, take-up in Hamburg's office letting market amounted to 207,000 m². Compared to the same period last year, this corresponds to an increase of 9.8%. In contrast to the ten-year average, however, it was about 15% lower.

Büromarkt Köln

Office leasing market in Cologne Q2-2025: Cologne office leasing market loses momentum in the second quarter

In the first half of 2025, the office letting market in Cologne achieved take-up of around 115,600 m², which corresponds to an increase of 73.8% compared to the first half of 2024. Despite the significant growth, sales were still about 17% below the ten-year average.

München Büromarkt

Office letting market in Munich Q2-2025: Highest vacancy rate since 2010, prime rents nevertheless stable

In the first half of 2025, take-up of 286,500 m² was registered on the Munich office letting market. This was 10.4% higher than in the same period of the previous year.

Berlin

Office letting market in Berlin Q2-2025: Take-up remains subdued – Increased demand in individual sub-markets provides impetus

In the first half of 2025, take-up on the Berlin office letting market amounted to 248,000 m². This represents a decrease of 17.2% compared to the same period last year.

Ärztehaus

German investment market for healthcare and social real estate: Medical centres, medical centres and educational properties are moving into the focus of investors

According to Savills, the transaction volume in healthcare and social real estate in the 1st half of the current year amounted to just under EUR 920 million, an increase of more than 130% compared to the first half of the previous year.

Büroimmobilienmärkte

Top 6 office markets: Office space take-up recovers, but remains below the long-term average

In the first half of 2025, the top 6 office markets* recorded take-up of around 1.3 million m², 17.8% above the level of the same period last year - but a decrease of 9.1% compared to the average of the past ten years.

Büroinvestments

German investment market for office properties: While willingness to sell is increasing, institutional investors remain cautious

According to Savills, the transaction volume with office properties in the 1st half of the current year amounted to just under EUR 1.9 billion, which corresponds to a decline of around one third compared to the 1st half of the previous year.

German investment market for industrial and logistics real estate: Upturn halted for the time being

According to Savills, around 2.1 billion euros were traded on the market for industrial and logistics real estate in the 1st half of 2025. Compared to the same period last year, this corresponds to a decrease of 33%. Compared to the 10-year average, sales were even 41% lower.

Wohnimmobilieninvestments

German investment market for residential real estate: More intense bidding competition, especially for well-located existing properties

In the 1st half of the current year, the transaction volume with residential real estate* amounted to a good 3.2 billion euros, according to Savills.

Immobilieninvestmentmärkte

German real estate investment market: Supply increases, transaction volume not yet

In the 1st half of 2025, commercial and residential real estate* changed hands on the German real estate investment market for around EUR 13.3 billion. Compared to the same period last year, this represents a decrease of 13%.

Studentenwohnung

Growing investment opportunities expected in the student housing market in Germany

The demand for high-quality, flexibly usable housing for students in Germany remains high. As a recent publication by Savills shows, there is attractive investment potential in the area of student housing.

French SCPIs are increasingly investing across borders – capital inflows are recovering

According to Savills' latest analysis, French SCPIs* are increasingly investing outside their home market – with other European countries as the main beneficiaries.

Global Real Estate

Geopolitical uncertainty and tariffs will not affect the long-term recovery of global office and industrial investment

In its latest Global Capital Markets Reports, Savills has examined the likely short- and long-term impact of recent macroeconomic and geopolitical uncertainties.

Czech Republic, Hungary and Ireland record largest increase in European logistics investment volume

According to the latest Savills study, the investment volume for logistics real estate in Europe reached €38.2 billion in 2024, an increase of 15% compared to the previous year. This result is mainly due to a robust end to the year.

Office take-up in Europe up 4%, while completions are expected to decline by 2026

In the first quarter of 2025, European office space take-up reached 1.9 million m², according to the latest analysis by Savills, which corresponds to an increase of four percent compared to the previous year. Savills expects an increase of 5% year-on-year for the full year 2025.

Cologne: Savills brokers office space in GEREON to IT service provider

With eresult GmbH and KAMANO GmbH, two IT service providers operating throughout Germany, will jointly move into around 400 m² of office space in GEREON in Cologne's old town on August 1, 2025.

Savills: Duolingo finds office space at LUX Court in Berlin-Friedrichshain

Duolingo Inc., an EdTech company specializing in playful, AI-supported language learning, has moved into an office space of around 460 m² at Rotherstraße 17 in Berlin-Friedrichshain.

Butzweiler Stern Köln

Savills: Luxury watch retailer rents 1,000 m² of office space in Butzweiler Stern in Cologne

Chronext GmbH has leased around 1,000 m² of office space in the "Butzweiler Stern" at Butzweilerhof-Allee 2-4 in Cologne. In total, the "Butzweiler Stern" office complex in the northern Cologne district of Ossendorf has 24,000 m² of modern office space.

Office rents

Cost increase for top offices accelerates in Q1 2025

Rental growth for prime office space* worldwide accelerated in the first quarter of 2025. Rents rose by 0.6% on average compared to the previous quarter, after an increase of 0.3% in the fourth quarter of 2024, Savills said.

Savills: Madrid and Paris currently offer the most attractive office property prices in Europe

From a fair value perspective*, the Madrid market and the Central Business District (CBD) of Paris are currently the most attractively valued European office markets, reports Savills.

Slight increase in activity in a turbulent environment

Savills Market in Minutes: Investment Market Germany

Top6 office markets: More dynamism through large-scale lettings

Savills examined the German office leasing market in the first quarter of 2025. Here are the most important results.

Savills: German real estate investment market records slight increase in transaction volume in turbulent environment

On the German real estate investment market, commercial and residential real estate* changed hands for around EUR 34.6 billion in the past twelve months.

Dürener Straße 403-405 im Kölner Stadtteil Junkersdorf

Savills: Housing company rents office space in Cologne-Junkersdorf

On 15.04.2025, LEG Wohnen GmbH will lease approximately 716 m² of office space at Dürener Straße 403-405 in the Junkersdorf district of Cologne.

European real estate investment volume likely to exceed €50 billion in Q1 2025

According to the latest study by Savills, European real estate investment volume is expected to exceed €50 billion in the first quarter of 2025, an increase of 28% compared to the previous year.

500 billion euros that change a lot

Market in Minutes: Investment Market Germany

Logistikimmobilie

Declining prime yields amid rising transaction volume in the European industrial and logistics real estate market

according to Savills' latest European Logistics Outlook, total investment reached €37.9 billion in 2024, up 14% from 2023 and the fifth-strongest year in history, just behind 2019.

Savills Bueroimmobilie Leisewitzstrasse Hannover

Savills: GETEC Immobilien buys office building in Hanover

The five-storey building, located between the centre and the Stadtgarten, was built in 1984 and has a diversified tenant structure. The seller of the property is MEAG.

Global real estate investment increased by 8% last year to just under USD 830 billion

The recovery extends beyond individual markets and regions and is not limited to specific sectors. The volume of office investment also increased by 7% compared to the previous year.

Investors want to focus more on real estate in Europe and the Middle East in 2025

According to a Savills survey of real estate investors with total assets under management (AuM) of over €800 billion, more than half of respondents plan to invest in real estate in Europe and the Middle East in 2025.

European City

Latest data confirms recovery of the European real estate market

According to Savills, preliminary data suggests that real estate investment volume in Europe was about €53 billion in Q4 2024. This represents an increase of 31% compared to Q4 2023.

Gewerbeimmobilie

German investment market for commercial real estate

The German commercial real estate investment market recorded a turnover of around EUR 24.4 billion in 2024, an increase of 9% compared to the previous year.

Residential real estate market Germany

The transaction volume on the investment market for residential real estate amounted to approx. EUR 8.8 billion in 2024. This corresponds to an increase of 14% compared to the same period last year.

Industrial and logistics real estate market ends the year with momentum despite difficult conditions

The German investment market for industrial real estate recorded a turnover of around 6.9 billion euros in 2024, which represents an increase of one fifth compared to the previous year.

Top 6 office markets: Users between cost pressure and high requirements

In 2024, take-up in the top 6 office letting markets was 5% higher than in the previous year, but 24% below the 10-year average

Logistikimmobilie

Investment market Germany: Large volumes especially in residential and logistics

After the high-volume months of September and October, the transaction volume on the German real estate investment market declined again in November.

ADMIAHOI Ansicht

Savills brokers further rental space at ADMI AHOI on Fleetinsel in Hamburg

Hamburg-based nut manufacturer Max Kiene GmbH has rented around 320 m² of office space in the ADMI AHOI at Admiralitätstrasse 59.

Fremdkapital steigert Rendite

The tide is turning for European office investments as debt capital boosts returns again

According to Savills, the tide is turning in the European office investment market as investors prepare for the start of 2025.

Nymphenburg

Savills brokers two sites in Munich Neuhausen-Nymphenburg

Two new tenants for the mix-use property at Arnulfstraße 199 in Munich. A dance studio will move into around 270 m² on the ground floor and a non-food discounter has secured an area of around 1,100 m².