Skip to main content

Europe Commercial Property Valuation Monitor (Q3 2023)

Property yields rose across all sectors and markets in Q2. However, this was somewhat offset by rises in bond yields in most countries. As a result, valuations remain stretched in all sectors, with industrial property most overvalued. Looking ahead, we predict further modest rises in property yields across sectors in 2023. Alongside the expected weakness in alternative asset yields, this should help valuations improve for the remainder of this year.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.