Savills News

Read up-to-the-minute news on the latest developments within Savills and across the property industry.

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News

Savills makes another key investment appointment by hiring David Sajner

"Savills Investment team continues to grow with David Sajner, a seasoned professional in commercial investment specializing in transactions and acquisitions, who has successfully executed dozens of deals, with many exceeding €100 million. David has been appointed Investment Director at Savills and after twenty years he closes his professional chapter at Knight Frank."

News

Energy & Sustainability

Old data, new risks: Energy performance certificates don’t reflect what’s really happening in a building

"An internal Savills survey, covering dozens of office buildings across the Prague market, revealed that on average only 14% of properties hold an Energy Performance Certificate (EPC) in class A or B. The vast majority are rated C or below or lack available EPC data altogether. While the absence of data may sometimes be coincidental, newer and better-equipped buildings are far more likely to share their energy credentials and have all their paperwork in order. However, missing information often relates to older properties with a higher probability of being classified in lower energy performance classes. This situation clearly highlights that a significant proportion of Prague’s office stock is facing the need for modernization. Without it, these buildings will be unable to meet future legislative requirements, and their long-term value may be at risk."

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