Savills IM transaction volume reaches €4.1 billion in 2021

Savills Investment Management (Savills IM), the international real estate investment manager, transacted more than €3.4 billion globally in 2021, including c. €2.6 billion in Europe and c. €670 million in Asia. There were 90 transactions across 13 countries in 2021, up 21 percent from the previous year. 2021 also marked another impressive year for Savills IM’s industrial platform with over €1.5 billion transacted. The Group’s Office and Retail platforms also continued strong activity with over €580 million transacted in each sector over the year. 

“In the post-pandemic world of persistent inflation, high stock market valuations, and a volatile bond market, real estate continues to offer the diversification, attractive returns with little correlation to liquid asset classes, a hedge against inflation, and capital value protection. With almost €6 billion transaction volume, in 2021 Poland has witnessed a resurgence of investor activity with confidence returning and investors seeking to increase their weightings primarily towards logistics and living sectors. I am pleased with our annual result in Poland where we have transacted over €280 million primarily in the logistics sector acquiring prime assets like Castorama BTS, A2 Warsaw Park, and 7R Beskid Park II on behalf of our clients. Thanks to these acquisitions as well as value-accretive asset management the value of the portfolio we manage in Poland has surpassed €1.7 billion as of January 2022. Going forward we will continue to explore opportunities in the logistics and the living sector as cornerstone themes of our investment strategy notwithstanding tactical acquisitions in other sectors like convenience retail,” Piotr Trzciński, Head of Investment Poland at Savills Investment Management, commented.

(WBJ)