Our second European Purpose-Built Student Housing (PBSA) paper outlines our framework for determining the relative attractiveness of European PBSA markets. 

The snake represents transformation, adaptability, and renewal. In our paper we explore traits associated with the snake in Chinese tradition and why the Year of the Snake may offer a wealth of opportunities for real estate investors.

In the first of Purpose-Built Student Housing (PBSA) paper, we explore why Europe's nascent but quickly grwoing, PBSA sector is increasingly moving towards the top of investor wish lists.

In this report, we explore the rapid growth of private markets, their appeal, and the opportunity in real estate debt.

In this report we explore many of the topics relevant for institutional investors assessing UK Affordable housing. We will provide background on the sector and many of its attributes which might be new for investors (such as different tenure types, subsidies, grants and regulation) and why these are often beneficial to investors. 

With more than half of the world’s population residing in Asia Pacific, the opportunities for real estate are boundless. We think the relative upside in the region outweighs the overly cautious stance that some real estate bears have perpetuated.

Navigating the convergence of cyclical Real Estate Debt and ESG opportunities in the US Market

Revisiting fundamentals in the Japan multifamily sector.

Real estate markets in Europe are in upheaval, but also on the move. Cyclical challenges are currently dominating market views and the public discussion, but our perspective on the logistics and industrial markets is that they remain supported, indeed enhanced, by strong fundamental drivers.

In this report we look at the institutional Single FamilyRental (SFR) market and its compelling investment characteristics. 

As we look ahead to 2024, we address some of the questions that will drive our strategies in the next year and beyond.

Two much-loved literary characters - Pollyanna, the irrepressible optimist, and Cassandra, the gloomy pessimist.

The South Korean real estate market has drawn significant investor attention over the last few years

Japan has traditionally been regarded as a “safe haven” market for global investors. In particular, the multifamily sector is underpinned by solid fundamentals, especially in Tokyo.

In our report ‘Why Living is an essential asset class’ (2022) we observed several factors that suggest the Living sector will attract higher allocation amongst investors. As the economic cycle has moved over the last year we revisit to assess if that logic holds and ask: Why Living now?

In this paper on the Australian real estate debt market, we outline why we believe Australia provides an exciting and potentially lucrative market for experienced non-bank lenders who can carefully assess the available opportunities and achieve the optimum risk-adjusted returns.

Whole Loans, an established strategy in the US and increasingly adopted in Europe, offer attractive risk-adjusted returns to investors with appetite for slightly higher Loan-to-Value (LTV) ratios relative to senior lending.

EPC rating variance makes consistent and meaningful evaluations and comparisons difficult to achieve.

With the cost-of-living crisis focusing minds across the world on an intensifying housing affordability crisis and rising interest rates adding to mortgage finance costs forcing more people into the private rental market, residential rent regulations are becoming a key talking point.

The bank liquidity crisis in the US and decline of Credit Suisse in Europe have created market uncertainty which could reduce availability of credit for the real estate sector. 

In this edition of our annual Outlook, we analyse the real-estate landscape and provide our insights into the issues, opportunities and challenges facing real-estate investors as we head into 2023.  Across geographies and regional sectors, we answer the big questions that investors need to answer to make the best of the bumpy road ahead.

2023, the year of the Rabbit, is said to be a year of hope. It is an apt position to take as we navigate the challenges ahead.

Regulation, market uncertainty and ESG: Opportunities for alternative lenders

Shelter or a “roof over one’s head” is essential and certainly shouldn’t cost the earth.

The past decade has been transformational for real estate, with rapid changes in demography, technology and society driving change in the industry. 

The rate of urbanisation across the EU has been growing steadily, at an approximate CAGR of 0.45% since the turn of the century.

The credentials of the Japanese multifamily sector are well documented by now and need no further elaboration.

Average rents now exceed their pre-pandemic levels in all except two of the 69 markets tracked by CBRE (San Francisco and San Jose) with Sun Belt metros posting some of the highest growth spurred by migration during the pandemic. 

Whilst the narrative surrounding the global economic outlook has taken a negative tone in recent months, we remain convinced about the longer-term prospects of the Australian commercial real estate market.

Urbanisation and increasing demand for housing has reduced the availability of urban industrial land. 

45% of outstanding commercial real-estate loans are expected to mature in the next two years, rising to 75% by 2026.

The imbalance of demand and supply will drive rental growth in the medium-to-long term for the urban industrial and logistics sector. 

Savills Investment Management is pleased to launch the Outlook 2022 report, which features our views on the global commercial property markets.

Savills IM report pinpoints new opportunities in European industrial and logistics sector

In our view 2021 will see a better year for investment volumes, with real estate having the characteristics and fundamentals to take advantage of the secular shift in capital markets. 

2021 will undoubtedly be a challenging year for the office sector as a result of increasing job losses. However, whilst the COVID-19 pandemic has accelerated the trend towards agile working, physical offices are here to stay.

Our investor survey emphasises the willingness of global investors to increase their target allocation to real estate again in 2021 in the context of a longer-for-lower interest rate environment.

Financial services firms are looking to move all or part of their operations to the Continent for continued access to the single market, and the Dutch office sector in particular shows resilience.

Brexit-induced relocations could provide a boost to demand for Dutch logistics space, and we continue to think that larger e-commerce–related sheds as well as urban logistics look attractive.

The Savills Investment Management Outlook 2021 report features our views on the commercial property markets, serving to help investors build resilience in global real estate portfolios in these unprecedented times.

Senior care is a strong buy for investors who want to incorporate value-add elements into their portfolios.

As Asia-Pacific flattens its infection curve, the region is set to lead the global economic recovery ahead of others. Over the next five years, the region is set to account for a greater share of global growth, which should support occupancy, rental and return expectations.

The logistics sector in Asia-Pacific is expected to benefit significantly from digitalisation and modernisation supported by changing consumer behaviours and demographics.

Since the start of the COVID-19 lockdown, some commentators and mainstream media have been quick to predict the death of the office. The reality is likely to be more tempered.

Supermarkets and grocery stores are relatively immune to economic downswings, are less vulnerable to e-commerce disruption and offer long, inflation-linked leases, among other investment benefits.

Although the worst of the global pandemic has shifted westwards to Europe and the United States, countries across the globe are absorbing the economic shockwaves, and will continue to do so for the near term.

The retail, leisure and hospitality sectors are set to bear the brunt of the COVID-19 outbreak. Risk aversion is likely to drive some short-term tightening in the credit market, which highlights the importance of secure income streams and reducing exposure to overleveraged strategies.

The Savills IM Outlook 2020 report features our views on the European and Asian commercial real estate markests, serving to help investors identify opportunities in a late-cycle environment.

The Savills Investment Management (Savills IM) Dynamic Cities index assesses cities' longer-term upwards growth potential through statistical analysis using 60 indicators across six categories. This year's study identifies London, Paris, Cambridge, Berlin and Amsterdam as the top five European cities for long-term real estate investment.

Our Asia-Pacific property market overview provides the latest regional updates regarding the economy, politics, commercial real estate sectors as well as weight of money and yields.

A slowing global economy and a prolonged period of low interest rates is on the horizon, which poses a challenge to long-term investment. How should investors invest in a low interest rate, low growth environment at a time of heightened risks and global uncertainties?

Reliable indicators continue to signal that developed economies have the stamina to keep growing through 2019. The Savills IM Outlook 2019 report features a collection of commentary from internal fund managers and research analysts, highlighting how to navigate the investment market.

Using 60 indicators across 6 subcategories, Savills IM identifies London, Cambridge, Paris, Amsterdam and Berlin as the top five European cities for real estate investment in 2018.

Property cycles are inescapable. Closely linked to the economy, real estate markets will inevitably rise and fall. The key to investing in them is to identify where we are in the cycle and to position portfolios accordingly.

A common view is that physical retail is being superseded by online retail, but we believe that stories about the death of the European high street and retail outlets are exaggerated and influenced by the very different situation in the United States.

It is increasingly important to work with a real estate investment manager with the local knowledge and expertise to help investors navigate current uncertain times. The Savills IM Outlook 2018 report highlights the strategies we employ to capitalise on current investment opportunities.

Savills IM’s Dynamic Cities index comprehensively measures European cities’ future-proofing qualities across six categories. In 2017, Paris, Cambridge, Amsterdam and Berlin complete the top five.

The logistics business sector is one of the biggest industries in Europe. This Savills IM report explores various structural shifts from which the logistics sector is benefitting, featuring interviews with experts and highlighting key insights into their respective markets.

In its latest Research & Strategy flash note, Savills IM highlights how after a period of falling profits, weak balance sheets and operational restructuring, UK supermarkets are turning a corner. 

Three of the so-called Big-4 UK supermarket operators are reporting improving retail sales, leaner balance sheets and leaner supply chains. Although more needs to be done, these operators’ credit risk has declined enough to justify lower yields.

The Brussels office market is one of Savills IM's top European investment picks.

Long-term trends in urbanisation and demographics will boost alternative property market sectors, including the private rented sector, student accommodation, care homes and hospitality, according to Savills IM.

In 2017, European real estate markets on average have sufficient momentum to continue to perform well. Our Outlook 2017 paper underlines key themes that will affect European investment markets this year.