Europe Economics Update Dutch housing recovery built on solid foundations The gradual recovery in the Dutch housing market looks set to continue, supported by rising realdisposable incomes, mortgage lending growth and government policy. This bodes well for bothhousehold... 25th September 2015 · 1 min read
Europe Commercial Property Update Is it too late to invest in Amsterdam offices? Improving prospects for occupier demand and low vacancy in the Zuidas submarket mean the outlook for prime Amsterdam offices has strengthened. If our forecasts prove correct, total returns in the 2016... 9th September 2015 · 1 min read
Europe Economics Focus Are Dutch consumers now ready to spend? Dutch consumers have finally started to open their wallets, prompting hopes of a consumer-led economic revival. But even if renewed falls in household spending look unlikely, the combination of the... 16th April 2015 · 1 min read
Europe Economic Outlook Recovery prospects clouded by Greece Recent indicators have brought signs of a renewed recovery in the euro-zone economy, reflecting the beneficial effects of lower oil prices and the decline in the euro exchange rate. But the picture... 8th April 2015 · 1 min read
Europe Commercial Property Update Dutch retail rents set to turn a corner in 2015 A gradual recovery in Dutch house prices will support retail sales growth in the Netherlands. This will drive a rise in prime retail rents in 2015 in both Amsterdam and Rotterdam. However, the slow... 17th March 2015 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Feb.) After consolidating their fiscal positions in 2014, the peripheral economies had a mixed start to 2015. Ireland and Italy both fared comparatively well but Portugal and Greece struggled. 3rd March 2015 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Jan.) The latest fiscal data suggest that the peripheral economies continued to strengthen their budget positions at the end of last year. But many look set to have missed their 2014 targets and Greece’s... 6th February 2015 · 1 min read
Europe Economic Outlook Crisis 2.0? The onset of deflation in the euro-zone and the recent developments in Greece have served as powerful reminders of the lasting effects of the region’s debt crisis. The ECB will seek to tackle... 20th January 2015 · 1 min read
Europe Commercial Property Outlook Further yield compression to boost capital values Further monetary easing from the ECB is unlikely to be decisive enough to put the euro-zone on a stronger growth trajectory, implying that the outlook for occupier markets is subdued. Nevertheless... 4th December 2014 · 1 min read
Europe Economics Update Debt still a drag on Dutch household spending The improvement in Dutch consumer confidence and upturn in the housing market suggest that the near stagnation of consumer spending in Q3 need not be a sign of things to come. But continued fiscal... 18th November 2014 · 1 min read
Europe Data Response Euro-zone GDP (Q3 Prov.) The small expansion in the euro-zone economy in Q3 has not diminished the need for both the European Central Bank (ECB) and national governments to respond to the persistent risk of deflation in the... 14th November 2014 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Oct.) All peripheral economies narrowed their budget deficits in September but France and Italy submitted draft budgets that flouted EU fiscal rules. 3rd November 2014 · 1 min read
Europe Economic Outlook Stalled recovery adds to pressure on policymakers The European economic recovery has weakened, with the euro-zone now at risk of recession and countries outside the region feeling the effects on their exports. While the euro-zone’s peripheral... 13th October 2014 · 1 min read
Europe Commercial Property Update Which sector offers the best prospects in the Netherlands? Given an environment of relatively muted economic growth in the Netherlands and its main trading partners, we think that office property returns have more potential to deliver a positive surprise than... 24th September 2014 · 1 min read
Europe Data Response Euro-zone GDP (Q2 Prov.) The stagnation of the euro-zone economy in the second quarter further underlinedthe need for the European Central Bank (ECB) to take bolder policy action to addressthe continued weakness of the... 14th August 2014 · 1 min read
Europe Commercial Property Update What next for Dutch office rents? We envisage only a modest improvement in office occupier demand in the Netherlands over the next year or two as economic growth and job creation disappoint. Yet office rents are likely to drift higher... 28th July 2014 · 1 min read