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News

Boots strides into Blackpool Retail Park, Cork

"High street chemist Boots has taken approximately 1,000 sq m of space at Blackpool Retail Park in Cork at a rent of around €275 per sq m per year.   International real estate advisor Savills advised the Shipton Group, who own the retail park, in the letting and Boots, who have taken a 15-year lease, are due to open their doors in May."

News

Dublin’s industrial market strongest in southwest

"A handful of significant lettings were done in Dublin’s Industrial market during Q1 2011 against a difficult economic backdrop according to international real estate advisor Savills.  The firm reports that demand for space was strongest in the southwest of the city with almost 32,000 sq m (344,445 sq ft) taken up in this area, out of a city total of 48,600 sq m (523,126 sq ft).  Significant deals in the southwest include the letting of over 10,000 sq m (107,639 sq ft) to Lidl in Belgard Road and 5,754 sq m (61,935 sq ft) in Naas Road, formerly the Nissan HQ. "

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News

Savills arranges $66m healthcare financing

"Savills has arranged $66 million in permanent financing for three brand-new, state-of-the-art medical office buildings that are located in Michigan and Louisiana and total approximately 294,000 sq ft (27,312 sq m)."

News

Swedish investment growth continues

"A positive economic outlook and a continued market growth make Sweden’s investment market attractive for investors at home and abroad in 2011 according to international real estate advisor Savills.  The firm reports that by the end of Q1 2011 total turnover reached SEK 19.5bn (€2.18bn), up from SEK 18.5bn (€2.07bn) in Q1 2010. This quarterly upward trend began last year as investment volumes increased each quarter in 2010 compared with the same quarter in 2009 according to Savills.  In addition the volume of retail assets sold in Q1 2011 has already reached half the 2010 year total, at SEK4.3bn (€480m). "

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