UK Commercial Property Update Are we underestimating the outlook for high street rents? Experience suggests that the recent upturn in consumer confidence and retail sales could drive a rapid recovery in high street rental values over the next year. But given the huge supply overhang in... 12th March 2015 · 1 min read
Europe Commercial Property Update Madrid all-property yields set to stay below those in Milan Historically, all-property yields in Madrid have tended to be higher than those in Milan. Yet over the past year, that spread has reversed. Given Spain’s stronger economic prospects and the outlook... 11th March 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (Feb.) The number and value of UK commercial property deals both dropped for the second month running in February. Yet safe haven demand appears strong and investors are increasingly looking beyond the... 11th March 2015 · 1 min read
Non-Euro Europe Commercial Property Outlook Capital values set to rise throughout the next five years With monetary policy being loosened across Europe, we expect bond yields to hover close to their current levels. This will continue to drive investors into higher-yielding asset classes, such as real... 6th March 2015 · 1 min read
Europe Commercial Property Outlook QE to boost property values through yield compression Recent economic developments in the euro-zone suggest increased scope for yield compression in commercial property markets. As such, in our latest Analyst we have increased our forecasts for capital... 4th March 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Feb.) The construction PMI inched up in February, meaning that it has now reversed a large part of the slowdown recorded at the end of last year. While new orders expanded at decent pace, rising input cost... 3rd March 2015 · 1 min read
Europe Commercial Property Focus Paris offices: Gearing up for rental growth Although French employment growth is forecast to remain lethargic, the limited development pipeline and occupiers’ preference for modern, centrally-located space will drive an improvement in the... 26th February 2015 · 1 min read
UK Commercial Property Chart Pack Downward trend in yields levels off in January The economy has begun the year on a fairly bright note. Surveys of business and consumer confidence have turned up and recent data confirm that the labour market ended 2014 in good health. Even so... 25th February 2015 · 1 min read
Europe Commercial Property Update Growing divergence in property performance within Helsinki Weak economic fundamentals are leading to a growing divergence in the performance of Helsinki property types. While the wider market is likely to struggle further, CBD rents are set to rise gradually... 23rd February 2015 · 1 min read
Europe Commercial Property Update Dublin set to see further strong office rental growth in 2015 Dublin office take-up reached a seven-year high in 2014, helping to drive rental values up by 34%. And, with the economic outlook strong and office supply conditions tightening rapidly, 2015 looks set... 19th February 2015 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Occupier and investment indicators fall sharply in Moscow A softening of economic growth in many countries across both Emerging Europe and non-euro-zone Western Europe helps to explain the relative lack of action in terms of rental movements in Q4. The big... 18th February 2015 · 1 min read
UK Commercial Property Data Response Employment data (Dec.) Today’s data from the labour market offer further encouragement for the commercial property market. In particular, the high level of vacancies indicates that most firms are still in an expansionary... 18th February 2015 · 1 min read
UK Commercial Property Outlook Another year of double-digit returns We have raised our forecasts for commercial property returns compared to our previous Analyst and now expect the market to deliver another year of double-digit returns in both 2015 and 2016. 17th February 2015 · 1 min read
Europe Commercial Property Chart Pack Record-breaking quarter for euro-zone investment Euro-zone commercial property investment volumes reached a record high in the fourth quarter of 2014. Such strong investment flows meant that competition for assets was strong, which in turn led to... 13th February 2015 · 1 min read
UK Commercial Property Update Have Central London retail yields hit a floor? While yields in most of the UK property market fell further in the final stages of last year, yields for Central London shops edged up. However, they are already exceptionally low relative to their... 12th February 2015 · 1 min read
Europe Commercial Property Update Can Brussels offices finally stage a rental recovery? Brussels office vacancy has been falling, but this is mostly attributable to the conversion of obsolete stock to residential uses, rather than expansionary activity. And with economic growth in... 10th February 2015 · 1 min read
