The Barcelona office market continues to struggle in Q3 2011, with take-up declining 29% year-over-year and gross accumulated take-up reaching its lowest level in a decade. Vacancy rates increased slightly to 13.3% due to more second-hand offices becoming available, while rents continued to decline across the city. Investment volume also plummeted 90% from its peak as uncertainty and lack of quality product deterred investors. The oversupply of office space and weak economic conditions are expected to keep the market under pressure.
MiiBrand - location-based marketing platform to drive store traffic for retai...Ben Howden
This presentation provides an overview of the MiiBrand platform and how it helps retailers reach influential brand fans and drive additional store and website traffic. Visit http://miibrand for more information
Thank you for attending our talk “Building and Promoting an Annual Event: The Loblolly Festival” at Mississippi Main Street’s 2015 Back Stage Pass event! For questions regarding the information we shared please reach out to Judi here or Bethany, here.
Links & Relevant Info: http://laurelmainstreet.com/backstage/
Presentation Recap:
Promoting an Annual Event by Bethany Byrd:
MiiBrand - location-based marketing platform to drive store traffic for retai...Ben Howden
This presentation provides an overview of the MiiBrand platform and how it helps retailers reach influential brand fans and drive additional store and website traffic. Visit http://miibrand for more information
Thank you for attending our talk “Building and Promoting an Annual Event: The Loblolly Festival” at Mississippi Main Street’s 2015 Back Stage Pass event! For questions regarding the information we shared please reach out to Judi here or Bethany, here.
Links & Relevant Info: http://laurelmainstreet.com/backstage/
Presentation Recap:
Promoting an Annual Event by Bethany Byrd:
Presentation at the Minnesota Archives Symposium, 2012 by Heather J. Stecklein of the UW-Stout Archives demonstrating ways to promote archival resources on a university campus.
Inlight media - agency credentials 2012 - full service digital agencyBen Howden
Inlight Media agency credentials.
Inlight media is an independent digital solutions agency. Our passion for ideas and technology drives us to deliver the best possible solutions for our clients in the digital world.
We don’t tell you how to run your business. We listen and work with you to understand your business and then provide digital ideas and solutions that meet your objectives and push the boundaries of innovation.
The office market in the Greater Paris Region – 4th quarter 2013JLL France
Office rentals dropped in 2013 as a result of low growth and uncertain outlook (down 25% in 12 months).
Rise in immediate supply to 3.9 million sqm. Nevertheless, Grade A properties still only account for less than 20% of vacant stock.
In this context, rents remain under pressure. Most of the decline in values in Paris CBD has been recorded in 2013.
With €11 billion invested in 2013, the investment market maintains its trend for dynamic growth.
30 transactions over €100 million recorded in 2013.
The prime yield for the Central Business District fell to between 4.25 and 4.50%.
Key Points:
- Four shopping centre transactions took place in 2010, reaching a total volume of approximately 314 million Euros.
- The first quarter of 2011 has already seen Doughty Hanson purchase two shopping centres from Sonae Sierra for 120 million Euros.
- Additionally, there has been much interest surrounding schemes such as San Cugat and Puerto Venecia as well as the Royal Bank of Scotland loan portfolio.
- Continual demand from international and pan-European investors as well as opportunistic funds is leading to fierce competition for prime assets.
- The sustained gap between purchaser and vendor price expectations, together with a general lack of product in line with investor criteria, is resulting in a continued absence of investment activity.
- Unstructured and badly managed sales processes have damaged the marketability of many good products, leaving them loosely hanging on the investment market whilst investors have moved on to new opportunities.
Indian economic growth remained sluggish through the end of 2012, however we expect industrial activity to improve, thanks to recent government actions. These include the government-proposed National Investment and Manufacturing Zones and the newly approved 51% foreign direct investment in multi-brand retail trading.
Hong Kong replaces London as most expensive Global CitySavills Studley
The Savills Global Tenant Rep Guide presents a quarterly snapshot of occupancy costs for prime office space throughout the world as provided by expert, local tenant representation professionals.
This quarter’s Guide includes a focus on London, which has been replaced by Hong Kong at the top of the rankings following a 14.75% fall in total occupancy costs since the UK’s decision to leave the European Union. Concentrated on the core West End submarket to which our data relates, we examine what has contributed to this fall, how the market now looks for both landlords and tenants, and what the future may have in store.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Rams Garden Bahcelievler - Istanbul - ListingTurkeyListing Turkey
Implemented by Rams Global in Bahcelievler, the Rams Garden Bahcelievler Apartments includes 796 residences of different types from 2+1 to 5+1.
Next to the project, which will have 33 thousand square meters of green area, there will be 42 thousand 300 square meters of woodland. There will also be a 210-meter-long pond in the landscape of the project. There are 94.5 square meters of green space per flat.
Rams Garden Bahcelievler Apartments, which has 8 times more green space than the average of Istanbul with its 33 thousand square meters of green area located within a total of 75 thousand square meters, offers various housing options from 2+1 to 5+1.RAMS Garden has brought a lifeline to the construction industry.
Rams Global, which has signed projects in many places from Dubai to Phuket and delivered more than 20 thousand residences, is now starting new projects in Istanbul.
Rams Garden Bahcelievler is located 9 minutes from Metroport AVM, 5 minutes from Marmara Forum AVM, 12 minutes from Kazlıçeşme beach, 9 minutes from Yıldız Technical University, 7 minutes from Istinye University, 9 minutes from Ramada Hotel and Medicana Hospital.
https://listingturkey.com/property/rams-garden-bahcelievler-apartments/
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Total Environment Tangled Up In The Green - Residential Plots Where Nature an...JagadishKR1
Embark on a journey where lush landscapes and contemporary living converge at Total Environment's Tangled Up In The Green Residential Plots in Devanahalli, Bangalore. Surrounded by verdant expanses, these plots offer an idyllic setting for your dream home. Immerse yourself in the serenity of nature while enjoying the finest amenities and design, where every moment is a harmonious blend of luxury and tranquility.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Savills - Office Market Report - Barcelona - Q3 2011
1. Barcelona office market
Q3 2011
Annual gross take-up Annual change in vacancy rate
Source: Savills Research Source: Savills Research
“Market trends continue to be determined by the turmoil affecting
the financial markets. This is shaping decision-making for both
occupiers and investors who have adopted additional precautionary
measures until the markets stabilise and a trend becomes more
evident.”
Eusebi Carles (General Manager Barcelona)
Office take-up has declined considerably this The complete absence of new projects being
quarter (just over 43,000 sqm) compared to the delivered in the market is continuining to gradually
figure for the same quarter in 2010 (60,700 sqm). help to stabilize office supply and to slow the
Although demand in the third quarter of the year vacancy rate upward trend.
is traditionally low, the overall trend in the market
indicates that 2011 will register the lowest level of Rental values continue to fall, with prices dropping
gross accumulated take-up of the decade. in almost all of the areas studied, albeit at a
slower pace than in the previous quarter. On a
Speculative developments have virtually quarterly basis, prime rents have declined by
disappeared from the market. No projects were -2.6%.
completed in the third quarter of the year and we
do not expect any significant new projects to be There is a widespread caution among investors.
delivered over the next 15 months. The volatility in the financial markets, the political
climate in Europe, difficulties accessing finance
and a lack of quality product at acceptable sale
prices are hampering decision-making.
2. Economy, demand and supply
Economy Hence, we estimate that gross take-up for the end of
the year will not exceed 250,000 sqm (levels similar to
The spotlight with regards to the global economic those achieved in 2009 and almost 30% below the
climate remains firmly trained on the European average for the past 10 years).
sovereign debt crisis. The pressure of financial markets
on Italy has overshadowed the Greek Odyssey. The Compared to previous quarters, the Periphery has
cost of Italian debt has reached record highs become particularly relevant during the summer
dangerously above 7.0%, which was the point at which months. Three out of the nine most important
bailouts began in Ireland, Greece and Portugal. transactions were undertaken in Periphery areas: the
Political issues in the country are making market multinational firm Adidas let over 1,400 sqm in
uncertainty worse and this is affecting risk premium, Vallsolana Garden Business Park in Sant Cugat del
which is currently around 550 base points (bps), whilst Vallès, the telecommunications company Colt Telecom
the Spanish premium is hovering dangerously close to expanded its offices in the WTC Almeda Park in
500 bps. Cornellà de Llobregat (3,320 sqm) and the fashion
brand Rosa Clará will move to a new 5,000 sqm
building in Sant Just Desvern.
Long-term government bond yields (10 years)
Activity in the office market continues to be affected by
firms’ cost savings strategies, either looking for lower
rents or for more efficient buildings, which would allow
them to significantly reduce costs. The latest strategic
relocation completed in Barcelona has been Unilever
moving from a prime CBD building to Viladecans; this
has freed up space in l’Illa Diagonal, which is one of
the most prestigious buildings in the city. This is a good
current example of the psychological change in terms
of demand for offices; the location of the property is no
longer a key factor for many companies, which can
forgo this in order to achieve other necessary
objectives. Given this, vacant obsolete properties in the
city centre have a clear objective: they must renovate
their offices or they will not be able to survive in the
Source: Eurostat & Bloomberg market.
The extent in the situation of Europe is forcing us to
imagine a situation where China would have to Supply and vacancy rate
intervene, therefore becoming Europe’s banker and the Office supply in Barcelona remains unchanged in the
potential repercussions that this could have. third quarter of the year due to the complete absence
GDP growth in Spain is becoming increasingly weak of new developments in the market.
and this could lead to stagnation or even a double-dip
recession at the end of the year. The weakness of the
Vacancy rate by sub-markets
economy is clear when one looks at most supply and
demand economic indicators. However, the most
significative aspect of the economy is still the gloomy
job market situation - 144,700 people were made
redundant in the third quarter, putting the
unemployment rate at 21.5%.
Letting market
Demand & take-up
Office demand in Barcelona continues to suffer the
consequences of uncertainty in the market and the
economic downturn. Take-up between July and
September slightly exceeded 43,000 sqm, which is
19% lower quarter-on-quarter and up to 29% lower
Source: Savills Research
year-on-year. To date, gross accumulated take-up has
reached 174,700 sqm, which highlights the weak As we anticipated in our previous report, no significant
performance of the market, reaching minimum levels speculative projects will come onto the market within
achieved over the past decade. the next 15 months, although two office buildings are
being refurbished in the city centre: the first is located
Barcelona office market -Q3 2011 2
3. Rents & investment market
on Calle Calabria and is owned by Núñez y Navarro move to these premises due to the lack of adequate
and the second is located on Travessera de Gràcia public transport infraestructure. As a result employees
and is owned by Colonial. are reluctant to move to these areas.
The majority of developer activity within the next few Incentives (rent free periods, temporary rental
months will take place in the Nova Bocana complex, discounts and help with fit-out costs) are becoming
where the company of the same name is developing important factors when negotiating contracts.
three office buildings where the future headquarters of
Desigual and Fundació Pascual Maragall are expected
to be located. In total, both head offices amount to a Investment market
total of 30,000 sqm.
The sale of the Diputació 260 building by Pontegadea
The lack of new projects has become a stabilising to IVG in August has been the only significant
factor in the market and this is curbing the growth of transactions this quarter. This is certainly a very small
the vacancy rate, which is currently at 13.3%. The volume in a market which was used to registering over
0.1% quarter-on-quarter increase is essentially in ten transactions per quarter just four years ago.
response to more second hand offices becoming Annualized investment volume has fallen to €224
available. million, which highlights the extent of the decline in
activity in the market, with volumes falling by around
Rents 90% compared to the market highs achieved in 2007.
After a period of relative rental price stability in the final
months of 2009, rents have continued to trend Annual investment volume
downwards since the beginning of 2010. Rental levels
have fallen quarter-on-quarter in all areas analysed,
however it is important to highlight that they have fallen
moderately if we compare the figures to those at the
beginning of the recession period (2008-2009).
Accordingly the prime rent has fallen 2.6% to
€18.50/sqm/month, which is similar figures in the 22@
district, where rents have fallen by 2.8%.
Quarterly prime rents
Source: Savills Research
The volatility in both financial markets and the political
climate in Europe has caused investors with capital to
set aside to invest in offices to err on the side of
caution and they are analysing the situation further.
If we add this to the fact that there is not much quality
product in the market at sale prices reflecting these
levels of uncertainty, the combination of these two
factors has severely affected the flow of investment.
Source: Savills Research
Rental levels in the City Centre and the Periphery have
been more flexible, with a 4.4% and 4.3% fall
respectively. Owners with properties in these areas
study the possibility to renew their rental strategies, but
for different reasons. In many cases, properties located
in the city centre are gradually losing their
competitiveness due to their obsolescence compared
to a vast stock of new and more efficient buildings
located in the New Business Areas and the Periphery.
However, on the other hand, when faced with the
considerable number of modern offices in the
Periphery, it is more complicated for firms to decide to
Barcelona office market -Q3 2011 3
4. Barcelona office market
Survey map
For further information, please contact:
Eusebi Carles Frédéric Stravraky Josep Garcia Andrew Stevens Muna Benthami Eri Mitsostergiou
Director Barcelona Office Agency Corporate Valuations Research Barcelona Research Europe
+34 93 272 4100 +34 93 272 4100 +34 93 272 4100 +34 93 272 4100 +34 93 272 4100 +31 (0)20 301 2087
ecarles@savills.es fstavraky@savills.es jgarcia@savills.es astevens@savills.es mbenthami@savills.es emitso@savills.com
Savills is a leading global real estate service provider listed on the London Stock Exchange. The company established in 1855, has a rich heritage
with unrivalled growth. It is a company that leads rather than follows, and now has over 180 offices and associates throughout the Americas, Europe,
Asia Pacific, Africa and the Middle East. A unique combination of sector knowledge and entrepreneurial flair give clients access to real estate
expertise of the highest calibre. We are regarded as an innovative-thinking organisation backed up with excellent negotiating skills. Savills chooses
to focus on a defined set of clients, therefore offering a premium service to organisations with whom we share a common goal. Savills takes a long-
term view to real estate and works hard to invest in long term and strategic relationships and is synonymous with a high quality service offering and
a premium brand.
This bulletin is for general informative purposes only. Whilst every effort has been made to ensure its accuracy, Savills accepts no liability whatsoever
for any direct or consequential loss arising from its use. The bulletin is strictly copyright and reproduction of the whole or part of it in any form is
prohibited without written permission from Savills Research. (c) Savills Ltd November 2011