Europe Economic Outlook Crisis unsolved as growth outlook darkens Hopes that the crisis in the euro-zone had been solved by Greece’s debt restructuring and the ECB’s recent liquidity injections have faded. Despite some signs of resilience in Germany, the economic... 16th April 2012 · 1 min read
Europe Commercial Property Update Which European office markets are most at risk of oversupply? Within Europe, office markets in the euro-zone’s peripheral region appear to be most at risk of oversupply over the next two years. But less obviously, office markets in Amsterdam and Budapest also... 20th March 2012 · 1 min read
Nordic & Swiss Economics Update SNB’s support won’t rescue the Swiss economy The Swiss National Bank pledged to maintain its extremely supportive policy stance today, keeping interest rates as close to zero as possible and defending a minimum exchange rate of CHF 1.20 per euro... 15th March 2012 · 1 min read
Europe Economics Update SNB’s support won’t rescue the Swiss economy The Swiss National Bank pledged to maintain its extremely supportive policy stance today, keeping interest rates as close to zero as possible and defending a minimum exchange rate of CHF 1.20 per euro... 15th March 2012 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Emerging European outperformance fading 2011 was a relatively strong year for Emerging European commercial property markets. But falls in yields and increases in rents became smaller and less widespread in the final quarter of the year. As... 24th February 2012 · 1 min read
Europe Economic Outlook Crunch year for the euro-zone? While the news on the euro-zone economy has improved a bit in the last month or two, 2012 could still turn out to be crunch year for the currency union. Fiscal progress in the peripheral economies has... 6th February 2012 · 1 min read
Euro-zone departures to exacerbate the downturn The euro-zone stands on the brink of a deep recession which will encompass all member states. Emerging European economies have less scope to loosen policy in response to a drop in euro-zone output... 25th January 2012 · 1 min read
Europe Commercial Property Update Are we too optimistic about the outlook for Swiss industrial rents? Switzerland does not seem to be awash with vacant industrial property, so the risks of a slump in rental values in this sector over the next year or two are low. But the looming euro-zone recession... 15th December 2011 · 1 min read
Europe Data Response Swiss GDP (Q3) Q3’s Swiss GDP figures confirmed that the economy is finally beginning to suffer from the franc’s strength. With the currency remaining strong and demand from the eurozone set to slump, the economy... 1st December 2011 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q3 11) Q3’s Swiss GDP figures confirmed that the economy is finally beginning to suffer from the franc’s strength. With the currency remaining strong and demand from the eurozone set to slump, the economy... 1st December 2011 · 1 min read
Non-Euro Europe Commercial Property Chart Pack European property market is running out of bright spots Led by Poland and Russia, commercial property markets in CEE have been a relatively bright spot for investment in Europe. Yet, even here, growth in quarterly investment volumes has begun to slow. And... 29th November 2011 · 1 min read
Europe Economic Outlook Deepening crisis to prompt widespread recession The euro-zone debt crisis is having a severely damaging impact on the European macro-economy. Not only are the troubled peripheral economies set to remain deep in recession, but growth prospects have... 3rd November 2011 · 1 min read
Europe Commercial Property Update Are we too downbeat on office rent prospects in Germany and Geneva? Survey evidence suggests that the main German cities, as well as Geneva and Moscow, are the current, preferred destinations for firms looking to expand into new markets. Yet while this points to a... 15th October 2011 · 1 min read
Europe Economics Update SNB’s action won’t rescue the Swiss economy Today’s decision by the Swiss National Bank to apply a limit of 1.20 per euro to the franc is a bold move which it has pledged to defend at all costs. But in the end, there may be limits to how many... 7th September 2011 · 1 min read
Emerging Europe Economics Update Swiss franc peg vs. euro provides only qualified relief The Swiss National Bank’s decision to effectively peg the Swiss franc to the euro will provide some qualified relief to Croatia, Hungary and Poland, which have significant amounts of Swiss franc debt... 7th September 2011 · 1 min read
Japan Economics Update Will Japan follow Switzerland and cap the yen? The yen initially fell against the dollar following the Swiss move to set a formal limit on the strength of the franc. As it happens, we do not think that the authorities in Tokyo are ready to do the... 7th September 2011 · 1 min read
