Pekka Sirén

Savills and GEM: The only constant in retail is change – structural changes will mean the mix of uses

Sustainable repurposing is about making sure that the places to live and work are future proof, green, offer solid investment opportunities and provide what communities need. The repurposing journey starts with retail. Action is needed now, otherwise a third of retail could be redundant by the end of the decade according to SAVILLS Research. Non-retail …

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Savills and GEM: Funding and proximity to universities essential in the ranking of global life science cities

The pandemic has brought life sciences into the spotlight. Record funding has flowed into the sector, with venture capital rising by 69% last year. Not surprisingly, in the Science Cities ranking by SAVILLS, the US cities took the top five spots, led by Boston. China and the UK are also represented in the top 10 …

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Care Home properties attract investors seeking stable long-term return

SAVILLS European Research predict European care home investment to remain active despite the health crisis as the sector attracts investors seeking secure, long-term income streams backed by solid long-term fundamentals. Competition for care home assets continue to put upward pressure on prices. European investors’ strong market knowledge and knowhow provide them with a solid grip …

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KAI ERVAMAA OSAKKAAKSI GEM PROJECT ASSET MANAGEMENT OY:N TIIMIIN

Kai Ervamaa liittyi GEM Project Asset Management Oy:n tiimiin osakkaaksi 16.9.2020. Ervamaa on työskennellyt kiinteistöalalla vuodesta 2007 lähtien. Ennen GEM:n tiimiin liittymistä hän toimi HGR Property Partnersilla asiakkuusjohtajana. Aiemmin hän on mm. toiminut JLL:n palveluksessa apulaisjohtajana ja Spondassa asiakkuuspäällikkönä. GEM Project Asset Management tarjoaa toimitilakiinteistöjen omistajille kaupallisten kehitysprojektien suunnittelu- ja toteutuspalveluita. GEM tekee kiinteistönomistajien puolesta …

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Covid-19 accelerates the key trends already reshaping retail

Changes in consumer behavior will determine the future of retail strategies. Flight to value, focus on essential and meaningful shopping and the rise of e-commerce have emerged as the most common ones across Europe. Factors such as increased home working have altered shopping patterns and created new challenges to retail brands’ supply chain process. According …

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Ecommerce growth strengthens the logistics demand

The logistics sector has become a more vital part of people’s lives throughout the Corona pandemic. Accelerating online-shopping is increasing the demand for last mile delivery. The growth of ecommerce, in turn, has increased the demand for warehouse space but the big question will be what the longer-term, stable outlook will be for consumer spending …

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Multifamily is a core target in an increasing number of investment portfolios

Multifamily investment outlook remains positive. Savills European Research estimate that at least €10.3 billion will be invested in the multifamily sector in the 2nd quarter, with half of the countries expected to reach higher volumes than in the 1st quarter of 2020. Strict lockdown measures across Europe have slowed investment activity, but so far, the …

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Overview on Savills European Investment Outlook, Trends and Projections

European investment activity remained surprisingly high, over €70.6bn, in Q1 2020 boosted by large-scale deals already under negotiation before the lockdown measures in March. Portfolio deals accounted for 40% of the total transaction volume, almost three times higher than in Q1 2019. In Finland, the share of portfolio deals was 58% of €2.6bn, the highest …

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