Europe Commercial Property Update Brussels prime office rental prospects looking brighter Very low Grade A vacancy and steady net absorption are likely to see Brussels rental growth forecasts for this year blown out of the water. We think rents could climb by 12% and a further 3% in 2018. 25th July 2017 · 1 min read
Europe Commercial Property Update Secondary Copenhagen offices offer improving return prospects Improving occupier demand and falling vacancy rates in Copenhagen bode well for office rents. This means that investors can feel more confident in taking advantage of higher yields on secondary stock... 21st July 2017 · 1 min read
Europe Commercial Property Update What is behind rising German industrial take-up? Perhaps against the prevailing perception, rather than retail, it has been the manufacturing sector that has been a key driver of rising industrial demand in Germany over recent years. With a... 18th July 2017 · 1 min read
Europe Commercial Property Update Are opportunistic investors calling time on the cycle? European investment activity is likely to have risen again in Q2. But, while retail funds are competing aggressively for core assets, opportunistic investors appear to be rotating out of low-yielding... 14th July 2017 · 1 min read
Europe Commercial Property Update Athens property still not without headwinds Athens recorded some of the highest property total returns in the euro-zone last year. And with the potential for prime rents to edge up and yields to fall, it could be one of the best performing... 12th July 2017 · 1 min read
Europe Commercial Property Update Investors moving up the risk curve in Sweden Strong economic growth in Sweden means that, with only a limited quantity of prime product for sale, investors are being pushed up the risk curve in order to get their capital into the market. 7th July 2017 · 1 min read
Europe Commercial Property Update Investors cautious about secondary retail assets in Spain The yield spread between prime and secondary Spanish retail property has widened recently. With a slowdown in consumer spending on the cards, a cautious approach to secondary assets makes sense. 5th July 2017 · 1 min read
Europe Commercial Property Update Property yields still over a year away from a floor Early indications suggest that prime yields fell again in Q2, which is likely to make property valuations look even more stretched. While this may increase the perception that yields cannot fall... 3rd July 2017 · 1 min read
Europe Commercial Property Update Solid French economic outlook bodes well for occupier demand With President Macron’s parliamentary majority putting him firmly in control in Paris, the prospects for the French economy are pretty good. The economic recovery will continue to boost firms’... 28th June 2017 · 1 min read
Europe Commercial Property Update Are investors questioning rental growth prospects in Dublin? With a large pipeline, concerns about future rental growth are probably behind the flat-lining of prime Dublin office yields. But while rental growth will ease, we don’t think rents are about to fall. 27th June 2017 · 1 min read
Europe Commercial Property Update Falling Amsterdam office stock to drive rental value surge Amsterdam office vacancy has dropped from 17% to 8%, but we expect it to fall to 4% by 2019 as limited completions are outstripped by stock removals. This will drive a 15% lift in prime rents and will... 23rd June 2017 · 1 min read
Europe Commercial Property Update Prime rents in Istanbul have further to fall Prime rents in Istanbul have come under pressure from various headwinds recently. And with the prospect of further rises in vacancy, competition for tenants is likely to see rents move lower still. 22nd June 2017 · 1 min read
Europe Commercial Property Update Improved economic outlook in Finland emboldens investors The Finnish economy is benefitting from a cyclical recovery in the euro-zone and Russia. This is likely to attract more core capital to Helsinki, given its appealing yield and solid rental growth... 16th June 2017 · 1 min read
Europe Commercial Property Update Further headwinds for Swiss office rents A pick-up in the Swiss economy should improve demand for office space. However, the size of the development pipeline means that it could take longer than expected before prime office rents in Geneva... 13th June 2017 · 1 min read
Europe Commercial Property Update Strong pipeline to weigh on Bucharest office rents In recent years, strong occupier demand has helped prime office rents in Bucharest hold up in the face of a healthy development. But by end-2018, completions totalling 18% of existing stock are... 9th June 2017 · 1 min read
Europe Commercial Property Update What might the surge in new retail supply mean for Warsaw? Shopping centre development in Warsaw is picking up pace. While the city’s growing wealth and low vacancy rate mean that it can accommodate more retail floorspace, we have nudged down our rental... 8th June 2017 · 1 min read
