Economic indicators generally pointed to slower growth across both Western European and Emerging European economies in Q3. That helps to explain why occupier market data were soft, with rents unchanged in most cities. Yield changes were more numerous, and with the exception of Moscow were all downward in direction. Rising yields in all Moscow property sectors, combined with falling office and industrial rents, were wholly responsible for pulling down regional Emerging European property indicators.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.