Savills Investment Management (Savills IM), the international real estate investment manager, completed €366 million in transactions, including acquisitions and divestments, in 2024.
Throughout 2024, the company diversified and strengthened its portfolio by adding 90,000 sqm of living, logistics and food retail assets in strategic locations These assets hold Environmental Performance Certificate (EPC) ratings ranging from A to B, as well as BREEAM certifications. In terms of divestments, the rotation of assets that had reached the end of their investment cycle in Savills IM’s portfolio focused primarily on office buildings.
One of the most significant investments was the acquisition of a majority stake in a Build-to-Rent (BTR) asset in a strategic area of Madrid. Savills IM now has almost 1,000 rental homes in its investment portfolio in the Iberian Peninsula.
The investment manager also acquired a logistics platform in Malaga, where available product is in very short supply, and a portfolio of supermarkets already on long-term leases to a leading operator in strategic locations in Portugal.