Savills News

Savills expands its Property Management portfolio to over 1.1 million sq m

Since the beginning of the year, Savills Property Management team has secured new mandates covering almost 275,000 sq m, bringing the total area of properties under management to over 1.1 million sq m. The newly managed properties are part of portfolios owned by AXELOR Group, Raiffeisen investiční společnost, EQT Real Estate and six other clients operating across logistics and industrial properties, offices, retail parks and shopping centres, hotels, residential buildings and data centres.

Igor Gacek, Head of Property Management at Savills, says: “The role of a property manager today goes far beyond ensuring the smooth day-to-day operation of a building. It is increasingly shifting towards active property management and supporting owners in making decisions about the operation and further development of their assets. This includes helping to reduce operating costs, preparing buildings for legislative changes, meeting ESG targets and enhancing the long-term value of the investment.”

“A high-quality property management partner is undoubtedly key to increasing the value of an investment portfolio. They need to respond to current changes across individual areas of property management while also understanding how these changes affect the overall value and performance of an asset. Property Management is therefore an integral part of the entire investment cycle,” adds Aneta Kottová, Head of Asset Management at Axelor Group.

Outsourced property management provides owners with professional expertise, operational continuity and greater control over operating costs. With access to a dedicated team of specialists and an extensive network of suppliers, it also reduces the administrative and operational burden on owners, allowing them to focus on their core business.

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