Savills

🏆 The Savills Rural infrastructure team took home three awards - Best Sustainability Initiative, Making It Happen and Best Safety Initiative - at the recent National Grid Electricity Transmission (NGET) Awards for clients. James Perna MRICS CEnv MEI, head of land consents for the Rural and Projects division, comments, “Winning these awards is testament to the team’s continued outstanding level of commitment to project delivery for National Grid. It is hugely rewarding to receive acknowledgement from our client of the team’s contribution to so many aspects of the work we do.”

📑 Read the latest Market in Minutes: Investment Market Germany http://savi.li/6044m48t8 Against the backdrop of the first interest rate cuts by the European Central Bank and the continuing difficult conditions in the real economy, the German property investment market has remained stable over the past three months. Looking ahead, we are cautiously optimistic that the market will gradually become more active. Key statistics include: 📉 Compared to the annual transaction volume for the years 2012 to 2021, the transaction volume in the office segment was 80% lower in the last twelve months. No other sector recorded a greater decline. ⬆ Private investors, including family offices, accounted for more than one in ten euros of the purchase volume this year. Their share has never been higher. Read the full report. Marcus Lemli | Matthias Pink

[𝐖𝐄𝐁𝐈𝐍𝐀𝐑] 𝐇𝐨𝐰 𝐢𝐬 𝐭𝐡𝐞 𝐨𝐟𝐟𝐢𝐜𝐞 𝐫𝐚𝐢𝐬𝐢𝐧𝐠 𝐢𝐭𝐬 𝐠𝐚𝐦𝐞? http://savi.li/6049m7NcV Join the next Impacts webinar on the 🗓️ 30 October 2024. Our panel of experts will focus on global office occupiers - benchmarking against best practice, and reviewing how the office is raising its game to attract and retain diverse talent, drive collaboration and performance, and optimise real estate related costs. 🗣️ Panellists Rick Schuham, CEO Global Occupier Services Michelle Needles, Global Head of Enterprise Solutions Caroline Pontifex, Head of Workplace & Design Gonzalo Zambrano Muñoz, National Director of Occupier Solutions, Spain Presentation by Sarah Brooks, Associate Director, World Research Click the link to register today

Savills France celebrated moving into their new office, in the heart of Paris's 17th arrondissement, with clients last week. From site selection to final fit-out, the Office Agency and Building & Project Consultancy teams managed every phase of the project. The spaces have been adapted to new ways of working and aim to provide a memorable experience for clients and employees alike. The teams are looking forward to welcoming more people through the doors in the coming years.

Portugal has become one of the most popular destinations for institutional agricultural investment: http://savi.li/6042mICsj With an increasingly reliable water supply improving the capacity of productive land to grow more than just arable crops and extensive livestock, Portugal is an attractive investment opportunity for an increasing range of food crops. Portugal's crop ranking in Europe: 🔵 Blueberries – 3rd 🥑 Avocados – 2nd 🌰 Almonds – 3rd Learn more in our Spotlight report on #GlobalFarmland. Jonathan Griffiths | Nicola Buckingham

There's still time to register for tomorrow's webinar 💻 𝐓𝐚𝐤𝐢𝐧𝐠 𝐒𝐭𝐨𝐜𝐤: 𝐐𝐮𝐚𝐫𝐭𝐞𝐫𝐥𝐲 𝐑𝐞𝐯𝐢𝐞𝐰 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬: http://savi.li/6045m43WU Register today and hear Savills experts share their perspective on the market's trajectory and prospects for the global living sector. 📝 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: A review of the trends impacting real estate markets across the globe, and a look at whether the living sector will continue to lead the recovery in investment. 🗓️ 𝐃𝐚𝐭𝐞: 17 October 2024, 2pm (GMT) 🗣️ 𝐒𝐩𝐞𝐚𝐤𝐞𝐫𝐬: Oliver Salmon, World Research Director | Rasheed Hassan, Head of Savills Capital Advisors | Joe Guilfoyle ACA MRICS, Co-Head of Savills Capital Advisors

💭 On World Food Day, we are exploring how real estate is evolving with the food sector, to help provide solutions to complex challenges. In our Future of Food publication, Savills experts and leading voices in design and creative fields come together to highlight the trends and changes in consumer behaviour influencing the production of food. We look at food’s relationship with science, social value, places, technology and innovation. Learn more about the future of food here: http://savi.li/6043mU3bD Nicky Wightman | Steven Lang #RealEstate #FoodEcosystems #InnovationEcosystems #WorldFoodDay

⚖ Why are mid-size and large international law firms adjusting growth, office location and salary planning? Learn more in our Global Occupier Services Legal Sector Spotlight report : http://savi.li/6043mLHOF KEY TAKEAWAYS 🟨 Competition for and cost of talent are driving law firms outside traditional markets to secure talent and control costs. 🟨 Globally, most legal practices maintained office size and real estate commitments in H1, with notable regional exceptions. 🟨 Flight to prime continues to raise global best-in-class price premiums, particularly in the US. Competition for top-tier space is intensifying in many leading office markets. 🟨 56% of the top 50 in the Global 200 mandate three or more days per week in the office, with legal professionals typically exceeding minimum attendance requirements. Sarah Brooks | Connor Chilton | Rick Schuham | Christina Sigliano | Adam Evennett | Devon Munos #LegalSector #GlobalOccupierServices

AI-related companies are expanding rapidly across European cities. What does this mean across various sectors? http://savi.li/6049mXhFd We are seeing a new wave of demand coming from the service sector to expand their digital functions, with a particular focus on legal, data and cybersecurity to ensure compliance and security in order to improve business efficiencies. 🗣️ “Occupiers will demand more from their building experience. AI’s impact on office occupiers will also include remote work facilitation, and improved workplace management, such as dynamic room booking systems able to allocate rooms based on attendance of in person versus remote thus improving real estate optimisation.” comments, Yetta Reardon Smith, Director – Workplace & Design. Read more. Mike Barnes | Andrew Barnes | Christina Sigliano Savills Offices & Workplace

Asia’s cities lead the way in Savills Growth Hubs Index ➡ http://savi.li/6046mfrby Bold visions and a focus on technology are what count when it comes to driving economic performance. Nowhere is this more apparent than in Asia, where a plethora of cities offer a potent mix of rising wealth, expanding economies and the potential for new development and business expansion. The continent is home to 14 of the top 15 Savills Growth Hubs. Paul Tostevin | Charlotte Rushton