Sweden — Savills continues its ventures on Sweden’s west coast and recruits a market leading agency team to be based in their Gothenburg office. Nils-Åke Rydqvist will be managing and overseeing general office operations.

Sweden — International real estate advisor Savills has appointed Gabrielle Hemmerlind as head of office agency in Sweden based in its Stockholm office.

Sweden — The gap between prime and secondary property yields in Sweden is set to fall by around 25bp this year as investor demand for secondary product grows, says realtor Savills. Prime yields may fall below 4% for the first time since the 1980s.

Denmark — International real estate advisor Savills has extended its European network by forming a new association in Denmark with Nybolig Erhverv.

Sweden — Swedish bank SEB has signed an agreement to sell its German real estate investment management business, SEB Asset Management AG, including its main subsidiary SEB Investment GmbH, to Savills plc for a consideration of up to € 21,5 M in cash.