Savills News

"According to the Savills Research European Retail Market, Prague and the wider Central and Eastern European region are set as key drivers of Europe’s retail recovery in 2025. The Czech Republic ranks among Europe’s best-performing economies. This year, real retail sales are expected to grow by 4.1% placing it ahead of many Western European markets such as Germany (2.7%), France (2.3%) and the United Kingdom (0.8%). Italy is even forecast to see a slight decline of -0.1%. Pařížská Street in Prague remains the region’s strongest luxury high street and continues to attract major global brands. Recent and upcoming openings include CHANEL, Ermanno Scervino, Damiani, Max Mara, and Pasquale Bruni."

"In the third quarter alone, investment volume reached €572 million, 50% more than in the same period last year"

"North American cities make up half of the Tech Cities top 10 and 40% of the top 30. London rises to third place"

"The renowned engineering company Sanborn, one of the largest employers in Znojmo, will relocate its production capacities to the new AVENTIN Business Park industrial complex as of August 2026. The company, a leading manufacturer of components for the energy, petrochemical, aviation and defence industries, will lease nearly 8,000 sqm of premium space at the site. The long-term lease was brokered by Savills."

"Savills forecasts average real retail growth in Europe of 2% in 2025, followed by 1.7% in 2026 and 1.9% in 2027."

"Savills has today announced the acquisition of a majority shareholding in Alpina Holdings, a Singapore based property and facilities management platform.  Savills will initially hold 70% ownership of Alpina, with options which will increase Savills ownership to 100% in 2030."

"Campus Science Park, a modern business complex located in Brno, Czech Republic, has been acquired by the Czech investment group SPM. The complex was purchased from Corebridge Real Estate Investors (“CREI”) who developed the park in phases in partnership with developer White Star Real Estate. This best-in-class large-scale asset offers approximately 50,000 sqm of lettable area and holds LEED Gold certification. The transaction value made it one of the largest transactions in the office real estate segment in 2025 to date at a price exceeding CZK 2.3 billion. Savills, Clifford Chance, TPA and Sentient represented the seller with Wilsons, ASB and Cushman & Wakefield advising the buyer."

" London, Berlin, Munich, Paris and Dublin lead the ranking Cities with established tech clusters show greater resilience to shifts in office demand "