Plummeting bond yields in 2019 have dramatically improved property valuations, supporting the outlook for property prices. Indeed, we now think that euro-zone prime office yields can extend their falls over the next few years, taking the total shift in 2019-21 to around 25bps, resulting in an 8-9% capital gain.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.