Europe Commercial Property Update Warsaw retail set to benefit from strengthening consumer sector The Polish economy has started the year positively, supported by the recovering consumer sector. We expect further improvement in consumer finances to support retailer demand growth. The effect on... 21st July 2015 · 1 min read
UK Commercial Property Update Are shopping centres the weak link in the retail rental recovery? Shopping centre rental values have yet to find a floor. But with rental values for in-town centres still struggling, while out-of-town rents appear to be staging a recovery, the data are most useful... 20th July 2015 · 1 min read
Europe Commercial Property Update The wait for signs of renewed vigour in Brussels offices goes on Subdued economic growth and similarly weak office sector demand have resulted in muted take-up volumes in Brussels. The slow first half of the year means that we have trimmed our rental growth... 14th July 2015 · 1 min read
Europe Commercial Property Update Cost pressures set to keep German logistics rental value growth subdued German logistics occupier demand should increase over the coming quarters. Yet with the sector already facing pressure from rising wages, occupiers are set to take up space further away from prime... 7th July 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jun.) The latest CIPS/Markit construction PMI shows that supply in the commercial property sector is now rising at its fastest rate since 2008. But with most evidence also suggesting that availability is... 2nd July 2015 · 1 min read
Europe Commercial Property Focus Rising Nordic investment signals shift towards secondary property Investment flows have been rising in the Nordics, reflecting both large single-asset deals and, increasingly, a number of major portfolio transactions. The growing willingness to transact secondary... 25th June 2015 · 1 min read
UK Commercial Property Update Will excess supply curtail the industrial rental recovery? Development activity in the industrial property sector has picked up sharply over the past year or so in response to a doubling in the pace of industrial rental value growth. But with the economy set... 25th June 2015 · 1 min read
Europe Commercial Property Update Hungarian retail rents unlikely to take-off A combination of spare capacity and the ban on Sunday trading will limit retailer demand in Hungary in the next year or two. Thereafter, new shopping centre developments will prevent rental growth... 24th June 2015 · 1 min read
UK Commercial Property Update What would stronger productivity mean for rental values? For a given rate of economic growth, boosting productivity requires a slower rate of job creation, which in turn will tend to moderate the rate of rental value growth. Over the medium term, however... 18th June 2015 · 1 min read
Europe Commercial Property Update Which sector offers the best short-term rental prospects? Recovering economic growth in the euro-zone will support a revival in occupier demand. But, whilst elevated availability will limit rental growth in the office and industrial sectors, the relative... 16th June 2015 · 1 min read
Europe Commercial Property Update Oil sector slowdown means Oslo office rental growth will disappoint There are now concrete signs that the slowdown in the Norwegian oil industry is beginning to feed through to the wider economy. As a result, we expect the upwards trend in Oslo office market rents to... 12th June 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (May) Offices accounted for the lion’s share of UK commercial property investment activity in May, and drove almost half of the increase from April. However, it was also notable that investor appetite for... 11th June 2015 · 1 min read
UK Commercial Property Update South East offices poised for further outperformance Taking 2015 to 2017 as a whole, further yield compression combined with steady growth in rental values should mean that South East offices deliver stronger capital value growth and average total... 9th June 2015 · 1 min read
Europe Commercial Property Update Euro-zone office rental values set to grow at strongest rate since 2008 The boost to euro-zone office rents stemming from a pick up in economic growth and employment over the next year or so will be partially offset by high vacancy rates. Nevertheless, the fact that... 8th June 2015 · 1 min read
UK Commercial Property Update What does the surge in leisure spending mean for property? The surge in leisure services spending shown in the latest data is not as positive for the broader leisure sector as it first appears. Nevertheless, after tracking sideways for the past six years, the... 5th June 2015 · 1 min read
Non-Euro Europe Commercial Property Outlook Solid outlook for returns despite a handful of downgrades The non-euro-zone economies and property markets have generally started the year positively. We expect further improvement in GDP growth in most countries to support expansionary occupier demand, with... 4th June 2015 · 1 min read
