{"id":29492,"date":"2026-04-28T12:55:27","date_gmt":"2026-04-28T12:55:27","guid":{"rendered":"https:\/\/assetphysics.com\/?p=29492"},"modified":"2026-04-28T13:49:44","modified_gmt":"2026-04-28T13:49:44","slug":"savills-cross-border-buyers-return-to-european-offices","status":"publish","type":"post","link":"https:\/\/assetphysics.com\/de\/savills-cross-border-buyers-return-to-european-offices\/","title":{"rendered":"Savills: Cross border buyers return to European offices"},"content":{"rendered":"\n\t
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Savills: Cross border buyers return to European offices<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

<\/a>According to Savills latest research, there is a revival in the volume of cross border buyers of European offices. French SCPIs remain active in UK regional cities, have expanded into Central and Eastern Europe (CEE) and are looking at the Nordics in search of higher yields. Norwegian (+297%), Japanese (+264%), UAE (+51%), Czech (+61%) and Spanish (+27%) buyers all marked notable increases against their respective five-year average levels of office investment during 2025, and these buyer pools continue to be active in 2026.<\/span><\/p>\n

Savills notes that banks remain keen to lend against high quality CBD offices, which is gradually improving liquidity for larger lot-size transactions. Spanish office investment rose to over \u20ac1bn during Q1 2026 following the sale of the Edificio Estel office building in Barcelona by Bain Capital and Freo Group to InmoCaixa, which Savills advised on. In Paris, the sale of 83-85 Avenue Marceau to Hines for \u20ac243 million is further evidence of improving market liquidity.<\/p>\n

During Q1 2026, average prime European office yields held stable at 4.9%. Bucharest moved in by 20 bps, Barcelona, Madrid and Manchester moved in by 25 bps, while Prague moved out by 10 bps.<\/p>\n

Mike Barnes, European Office Research Director at Savills, says: \u201cOverall, the occupational fundamentals remain attractive for investors as average prime office rents rose by over 4% last year and we anticipate a further growth of 3.7% this year, reflecting an undersupply of good quality stock. Higher steel prices \u2013 on top of already existing tariffs \u2013 will likely push back the development pipeline until well into 2027, as developer margins are squeezed.\u201d<\/p>\n

James Burke, Director, Global Cross Border Investment at Savills, says:\u00a0\u201cAccording to RCA data, over \u20ac3 billion of office stock across continental Europe was acquired for redevelopment during 2025, the strongest year since 2021.<\/p>\n

\u201cAcross offices, we are seeing intra-European buyers being particularly active and we are starting to observe an increase in outbound German institutional capital to further deepen the buyer pool.\u201d<\/p>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\t\t\tSpotlight: European Investment<\/span><\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/section>\n","protected":false},"excerpt":{"rendered":"

Savills meldet eine R\u00fcckkehr grenz\u00fcberschreitender K\u00e4ufer in europ\u00e4ische B\u00fcroimmobilien: Besonders norwegische (+297 %), japanische (+264 %), VAE\u2011 (+51 %), tschechische (+61 %) und spanische (+27 %) Investoren erh\u00f6hten 2025 ihr Engagement, die Aktivit\u00e4t setzt sich 2026 fort. Prime\u2011B\u00fcroanfangsrenditen blieben im Q1 2026 bei 4,9 % stabil; Banken finanzieren hochwertige CBD\u2011Objekte wieder st\u00e4rker. Gro\u00dfe Deals in Spanien (u. a. Edificio Estel) und Paris (83\u201385 Avenue Marceau, \u20ac243 Mio.) unterstreichen die verbesserte Liquidit\u00e4t.<\/p>\n","protected":false},"author":76,"featured_media":29489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_co_authors":[],"footnotes":""},"categories":[24,10],"tags":[],"type_content":[170],"class_list":["post-29492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","category-real-estate","type_content-news"],"acf":{"homepage_featured_article":false},"_links":{"self":[{"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/posts\/29492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/comments?post=29492"}],"version-history":[{"count":2,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/posts\/29492\/revisions"}],"predecessor-version":[{"id":29497,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/posts\/29492\/revisions\/29497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/media\/29489"}],"wp:attachment":[{"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/media?parent=29492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/categories?post=29492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/tags?post=29492"},{"taxonomy":"type_content","embeddable":true,"href":"https:\/\/assetphysics.com\/de\/wp-json\/wp\/v2\/type_content?post=29492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}