"Take-up in Q1 amounted to 397,000 sq ft across 42 deals, with the average deal size standing at 9,500 sq ft. The largest transaction was the assignment of 54,700 sq ft at Three Wilton Park, Dublin 2, to EY, followed by Apple’s signing for 37,800 sq ft at Four and Five Park Place, Dublin 2. The CBD accounted for 80% of all space taken in Q1, marking the area’s strongest share in three years. The suburbs made up 18% and the city fringe accounted for 2% of all space taken. The highest share by sector was tech at 28% after 10 deals were signed, signalling a potential return to growth in the sector. The second-largest share by sector was professional services at 27%, followed by 16% for financial services firms. A notable addition to vacancy was the Tropical Fruit Warehouse at 80,000 sq ft, albeit a small decline in overall CBD availability meant the Dublin office market vacancy rate eased slightly to 17.5%."

"€542.5 million worth of deals transacted in Q1, representing over three times the volume recorded in Q1 last year but still 27% below five-year average. There was a total of 25 deals, translating into an average deal size of €21.7 million. €2.9 billion has transacted on a four-quarter moving average, the highest level since Q2 2023. However, there remains considerable distance to go before the market achieves the kind of liquidity witnessed before the rise in interest rates in 2022. The share of investment volumes outside of Dublin was larger than those within Dublin (54% versus 46%), supported by the sale of a regional retail park portfolio, and other deals in Cork, Galway and Limerick. Retail accounted for half of market share, primarily due to the retail parks portfolio. Prime yields remain unchanged in Q1 – the scope for yield compression has been knocked back by a volatile start to the year in capital markets due to wider macroeconomic factors."

"Development land deals totalled €127.5 million in Q1 across 21 deals, representing the strongest first quarter performance since 2019. This compares with a five-year Q1 average of €77.2 million, meaning the market has begun 2025 on a strong footing. Land sales were more than three times the value recorded in the same period last year, driven by an increase in both the number of sites that traded, as well as the average price paid, the latter of which stood at €6.1 million. Four of the top five deals were handled by Savills. Dublin accounted for 74% of sales at €94.1 million, while the rest of the Greater Dublin Area of Kildare, Meath and Wicklow recorded three transactions totalling €15.2 million. There was one notable transaction each in the nearby counties of Louth and Kilkenny, while further afield in Cork and Galway there were three and two deals, respectively. "

"In 2024, shopping centers in Spain saw growth in both foot traffic and sales. For 2025, new openings are expected, along with a focus on health and artificial intelligence."

"W pierwszym kwartale 2025 roku regionalne rynki biurowe w Polsce znalazły się w wyjątkowej sytuacji – popyt na powierzchnię biurową rósł, podczas gdy nowa podaż praktycznie zanikła. Jak wynika z najnowszego raportu Savills, w okresie od stycznia do marca deweloperzy dostarczyli jedynie 2400 m kw. nowej powierzchni w budynku Dymka 188 w Poznaniu. To ponad 40 razy mniej niż średnia dla pierwszych kwartałów z lat 2015-2024 wynosząca 100 500 m kw. Niska aktywności deweloperów i jednoczesny wzrost popytu przełożą się na spadek współczynnika pustostanów, a w dłuższej perspektywie czasowej mogą być jednym z powodów dla potencjalnych wzrostów czynszów i do ograniczenia wyboru dla najemców."

"Początek 2025 roku przyniósł warszawskiemu rynkowi biurowemu otwarcie, któremu towarzyszył wzrost popytu i ograniczona aktywność deweloperów. Jak wynika z najnowszego raportu firmy Savills Polska „Warsaw Office Market Q1”, tak ograniczona kwartalna nowa podaż powierzchni biurowych to rzadka sytuacja."