Savills Investment Management Outlook 2023

Urban Industrial & logistics, essential retail, affordable housing and real estate debt likely to be safest havens in 2023


Savills IM strengthens UK business development team to support growth

Savills IM has hired Lucy Williams as Head of Client Capital, UK. Based in London, she will report to Giuseppe Oriani, Co-Head of Client Capital (EMEA) and join the firm in November.


Savills IM acquires properties in Japan and Australia for pan-Asian flagship fund

Savills IM has completed its initial investments in the office and residential secotrs in Japan, as well as its acquisition of a local neighbourhood shopping centre in Australia


Node closes €30million Spanish urban portfolio refinancing with DRC SIM

Urban Living owner and asset manager, Node, has closed a €30m refinancing and capex facility with DRC SIM on its Spanish portfolio of urban residential rental assets and ancillary retail.


Savills IM acquires office and commercial building on Berlin's Kurfürstendamm on behalf of Versicherungskammer

Savills IM has advised on the acquisition of a newly constructed office and commercial building at Kurfürstendamm 12 in Berlin for Versicherungskammer


Savills IM acquires majority share in the UK Affordable Housing platform Simply Affordable Homes

Savills IM has acquired a majority share in Simply Affordable Homes from Centrus Financial, a leading corporate finance advisor to and long-term supporter of the UK Affordable housing sector.


DRC Savills IM hires Steve Willingham to drive growth in Asia

DRC Savills IM has hired Steve Willingham as Head of Asia. Based in Hong Kong, Steve will report to Dale Lattanzio, Managing Partner at DRC Savills IM.


Savills IM acquires UK Development and BTR specialist Pitmore alongside launch of UK build-to-rent strategy

Savills Investment Management has acquired Pitmore, the UK Development and build-to-rent (BTR) specialist, as a key part of plans to grow its UK residential and BTR platform.


Savills IM expands its European Residential & Living platform with the hire of Patrick Au Yeung as European Fund Manager

Savills IM has hired Patrick Au Yeung to take a senior role in growing its European Living platform.


Savills IM acquires distribution centre near Stockholm for European logistics fund

The Grade A warehousing and distribution site covers 18,000 square metres and is located in one of Sweden's key locations for "last mile" logistics operations.


Savills IM acquires Grade A distribution centre in the Netherlands for pan-European logistics fund

Has acquired a modern Grade A distribution centre in Veghel in the Netherlands for its pan-European logistics strategy.


Savills IM hires Claire George as Chief Technology and Operations Officer

Claire’s appointment underlines Savills IM’s commitment to strengthening its operating platform and digital capabilities to better serve its clients.


Savills IM bolsters ESG team as it publishes Net Zero Carbon Pathway

Savills IM announces changes to its ESG team as the firm consolidates its restorative business ambitions, namely by publishing its Net Zero Carbon Pathway.  


Savills IM acquires five warehouse units at Northern Way Industrial Estate, Bury St Edmunds

The five units were acquired for £5.25 million (£833k per acre) and total 105,000 sq. ft across 6.3 acres.


Savills IM UK Value Boxes Fund deploys £75 million following launch in October

The four retail park assets, which include two in England, one in Scotland and one in Wales, were acquired for a combined yield of almost 7.5%. 


Savills IM acquires retail park in Santander for flagship European fund

Modern retail park in Santander with approx. 20,000 sqm lettable space                              


Savills IM consolidates strong Polish platform with three senior promotions

Promotion of three senior members of the Polish team, after a period of strong growth for Savills IM’s investment platform in the region. 


DRC Savills IM finances a portfolio of Spanish Supermarkets owned by Blackbrook Capital

Financed a portfolio of 21 supermarket assets owned by Blackbrook Capital (Blackbrook).             


Savills IM appoints Juan Miguel Marinas as Head of Asset Management

Juan Miguel will take on his new role in addition to his current responsibilities as Director of Asset Management for Spain & Portugal.  


Savills IM hires Jan Willem Vis as Head of Client Capital for the Netherlands

Jan Willem’s role will be to spearhead the next phase of the business’ growth and client relations in the region. 


Savills IM hires Adam Alari as Head of European Living Research

Adam will help to expand Savills IM’s presence and expertise in the Living sector.                  


Savills IM deploys €175 million with acquisition of two logistics assets on behalf of VESALF I

Savills IM announces the acquisition of two logistics assets in France and the UK on behalf of its Vestas European Strategic Allocation Logistics Fund for a combined €175 million.


DRC Savills IM holds final close of its fourth Pan-European high yield debt fund at EUR600m

DRC SIM has held the final close of its fourth fund in DRC SIM’s high yield debt strategy.          


Savills IM acquires food retail assets in the Netherlands and Ireland

Savills IM, has invested in  "Enschede Zuid", a local convenience centre in Enschede, Netherlands, on behalf of a pan-European food retail fund.


Savills IM acquires three Spanish Amazon last-mile distribution warehouses for EUR 95m on behalf of VESALF I

Acquisition of a portfolio of three last-mile distribution warehouses let to Amazon in Spain from Roebuck Asset Management and GFH Financial Group on behalf of its discretionary logistics fund.


Savills IM and Panattoni reach practical completion of Belvedere Wharf logistics

Savills IM and Panattoni have reached practical completion of the development of two high-specification industrial warehouse units at Belvedere Wharf, South East London.


Savills IM transaction volume reaches EUR 4.1 billion in 2021 across real estate equity and debt platforms

Savills IM's 2021 transactions included over EUR 2.1 billion of acquisitions and EUR 1.2 billion of disposals. DRC SIM made a further EUR 760 million of debt investments across Europe.


Savills IM sells logistics portfolio in Denmark on behalf of German club deal special fund

A logistics portfolio consisting of four assets in Kolding and Greve near Copenhagen, Denmark, on behalf of its Nordic Logistics Fund


DRC Savills IM provides substantial mezzanine loan for EUR 765m Amsterdam office acquisition

The 950,000 sqft office asset is located in the core of the Zuidas business district in southwest Amsterdam and is entirely leased to ABN AMRO.


Savills IM hires Johan Bark as Head of Client Capital, Nordics

Johan will aim to further expand Savills IM’s presence in the Nordics and build on its already significant platform in the region.


Savills IM sells VTG Center in Hamburg for insurance club deal

Savills IM has signed a sale agreement for the multi-tenant office property "VTG Center" in Hamburg. The closing of the transaction is scheduled for the first quarter 2022.