Skip to main content

Emerging Europe: Yield rises show no sign of easing

In contrast to the rest of Europe, CEE yields not only rose, but increased more sharply in Q1 than the previous quarter.  Strong rental growth cushioned the blow to all-property capital values, but that did not prevent a partial reversal of Q4’s rise. Industrial performance mixed buoyant rental growth with the sharpest yield rises on record, other sectors were more consistent. Moving forward, it is still too early to early to call the peak in property yields. And sustained economic weakness means that rents are likely to slow further this year. As a result, we expect further declines in capital values.

We are resending this Emerging Europe Commercial Property Chartbook due to an error with the previous email.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access