Europe Commercial Property Update Office rents in Prague and Warsaw to buck the positive trend in 2015 The Czech and Polish economies are motoring along nicely. However, the latest IPF Consensus Survey shows that our view, that solid demand fundamentals will be swamped by excess supply, causing rents... 27th May 2015 · 1 min read
Europe Commercial Property Update Divergence between capital and rental values set to widen Despite euro-zone all-property rents recording their strongest rise since 2007, it’s too soon to say that rental values have finally lifted off. Rather, with economic and employment growth set to... 18th May 2015 · 1 min read
Europe Commercial Property Update Hungarian property capital values ready for lift-off The Hungarian economy stands to see above-trend growth rates in the coming years, supporting occupier demand. With the prospects for rental values turning positive, yields look cheap on a historical... 13th May 2015 · 1 min read
Europe Commercial Property Update Euro-zone office rental values to show further steady growth Amidst a slowly improving economic backdrop, prime euro-zone office rents have risen in recent quarters. We expect further gradual increases in occupier demand, coupled with constrained supply, to... 8th May 2015 · 1 min read
Europe Commercial Property Update Zurich and Geneva office rental values set for further falls The negative effects of the Swiss franc appreciation on economic growth and employment suggest that the recent stabilisation of Geneva and Zurich office rents is unlikely to last. Rather, with vacancy... 7th May 2015 · 1 min read
Europe Commercial Property Update Increased sentiment set to support further property investment growth Commercial property investment recorded another strong performance in Q1. In annual terms, impressive rises in Belgium, Italy and Spain offset declines in a number of other markets. Encouragingly, the... 29th April 2015 · 1 min read
Europe Commercial Property Update Stockholm offices capital growth to reach double figures this year Stockholm offices are forecast to produce solid rent rises in 2015. Coupled with prime yields falling to 4%, this will drive double-digit capital growth this year. 28th April 2015 · 1 min read
Europe Commercial Property Update Is Danish industrial still the best opportunity in the Nordic region? Better economic growth prospects in Denmark mean the outlook for the industrial market has turned positive. However, yields remain elevated relative to both the office sector and the other Nordic... 22nd April 2015 · 1 min read
Europe Commercial Property Update Low vacancy rates set to support office rental growth in Germany Vacancy rates across Germany have edged lower over the past year. Consistent with that, rental values have also been moving up. Given that vacancy rates are now generally below their pre-crisis... 21st April 2015 · 1 min read
Europe Commercial Property Update Improving consumer fundamentals positive for CE retail property The nascent recovery in consumer spending in Central Europe is expected to strengthen. Retail property in the region will benefit from improving occupier demand, although we expect the prime end of... 16th April 2015 · 1 min read
Europe Commercial Property Update Will an Italian economic recovery boost commercial property in 2015? Despite recent positive economic data, the Italian economy is unlikely to rebound strongly this year. Nevertheless, a loosening of credit standards and the fact that real estate loans are now being... 15th April 2015 · 1 min read
Europe Commercial Property Update German logistics capital value growth unlikely to outperform Despite decent prospects for German industrial output, logistics capital value growth seems unlikely to outperform the office and retail sectors, or logistics property in other countries. That’s... 9th April 2015 · 1 min read
Europe Commercial Property Update Will weak French growth hold back property returns? The anaemic growth outlook for the French economy in 2015 and 2016 does not bode well for a recovery in occupier demand. But increased competition for the best space amongst both tenants and investors... 8th April 2015 · 1 min read
Europe Commercial Property Update Will stronger industrial output drive CE industrial rental growth? A combination of strengthening industrial output and further growth in the logistics sector will underpin industrial rental levels in Central Europe this year and allow them to pick up from 2016. 2nd April 2015 · 1 min read
Europe Commercial Property Update Are we overestimating the scope for retail rental growth in Dublin? Irish household debt looks high relative to both international and historical comparisons. Yet servicing costs are low, and rising house prices will boost net worth. Together with the positive... 31st March 2015 · 1 min read
Europe Commercial Property Update Bucharest industrial capital values set for strong growth A more balanced economy and improvements in public institutions have reduced the risk of investing in Romania. And, given that industrial yields remain close to 10% despite strong levels of activity... 26th March 2015 · 1 min read
