Europe Commercial Property Update Will office rental value growth in Barcelona outpace Madrid? To date, the stronger recovery in office-based employment in Barcelona has yet to be reflected in a rise in rental values. But over the next couple of years, we suspect that rents in Barcelona will... 19th August 2014 · 1 min read
Europe Commercial Property Update When will CEE office occupier demand take off? The recent fall in office take-up across the main CEE markets is a concern given the region’s large office development pipelines. But at the same time, the recent strength of office-based employment... 14th August 2014 · 1 min read
UK Commercial Property Update The outlook for non-prime regional office returns is strong Non-prime property yields fell by more than prime in every sector in Q2, but the biggest movers were regional office markets. Even after the recent sharp falls, however, yields for lower quality Rest... 13th August 2014 · 1 min read
Europe Commercial Property Update Are rapid gains in Oslo retail rents underpinned by fundamentals? Solid Norwegian retail sales growth over the past few years seems to explain the rise in Oslo retail rental values. Granted, other factors such as changing retail trends are also at play. Nevertheless... 12th August 2014 · 1 min read
UK Commercial Property Outlook The sweet spot is not over yet Reflecting the solid economic outlook, commercial property rental values should continue to grow steadily over the forecast period. Yields are also now likely to fall by more this year than we... 11th August 2014 · 1 min read
Europe Commercial Property Update Will Paris’ occupier demand outperformance last? Parisian office take-up grew by 55%y/y in the second quarter, but fell in three of the top four German cities, including a 45%y/y fall in Frankfurt. Nevertheless, the underlying weakness of the French... 7th August 2014 · 1 min read
Non-Euro Europe Commercial Property Chart Pack CEE investment grows strongly in Q2 Economic indicators in the non-euro-zone Western European economies were generally positive in Q2, but there are signs that growth slowed across the board in Emerging Europe. That wasn’t enough to put... 6th August 2014 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jul.) The CIPS/Markit commercial property construction PMI eased a bit in July, but was still at a high level. In the long run, increased development activity will obviously dampen rents. But in the shorter... 4th August 2014 · 1 min read
Europe Commercial Property Chart Pack Capital values boosted by yield compression Economic indicators paint a mixed picture of the euro-zone recovery. On the one hand, the situation in the peripheral economies is improving. But at the same time, growth in the core economies appears... 1st August 2014 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) Today’s RICS survey confirms a continued occupier market recovery in all sectors and regions, pointing to faster rental value gains in the coming quarters. 29th July 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
UK Commercial Property Chart Pack Capital values up sharply in June Economic output rose for the sixth consecutive quarter in Q2 and finally regained its pre-credit crunch level. Employment also continues to grow strongly, but spare capacity in the labour market means... 25th July 2014 · 1 min read
Europe Commercial Property Update Rental growth in Warsaw and Krakow set to boost retail capital values Poland’s strengthening labour market and rising consumer confidence bode well for retail occupier demand in Krakow and Warsaw. And, with little new supply in the pipeline, the prospects for rental... 24th July 2014 · 1 min read
Europe Commercial Property Update What explains the weakness of Belgian and Italian investment? Belgium’s weak economic fundamentals mean it sits near the bottom of the rankings in terms of core euro-zone commercial property investment destinations. While Italy suffers from an even weaker... 22nd July 2014 · 1 min read
Europe Commercial Property Update A positive outlook for Dublin retail property The latest data showing that Dublin’s employment and housing market recovery are running ahead of the rest of Ireland bode well for retail occupier demand in the Irish capital. And, with tight supply... 17th July 2014 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q2) Commercial property construction activity continued to rise strongly in Q2 and the upswing is clear in every region. This suggests that developers’ confidence about the prospects for occupier demand... 16th July 2014 · 1 min read
