UK Commercial Property Update What might the FLS changes mean for commercial property? The re-focussing of the Funding for Lending Scheme (FLS) away from mortgage lending and onto businesses, and in particular small to medium-sized enterprises, can only be a positive change for the... 11th December 2013 · 1 min read
Europe Commercial Property Update Copenhagen industrial market set to outperform The latest economic data from Denmark suggest that industrial occupier conditions in Copenhagen are on the mend. And with rental values more than 10% below a linear trend, and yields more than 10%... 10th December 2013 · 1 min read
Europe Commercial Property Update Further falls likely in Amsterdam's structurally high vacancy rate Amsterdam’s “Action Programme to Tackle Vacant Offices” appears to be bearing fruit. The total office stock has shrunk over the past year and, despite weak occupier demand, the vacancy rate has fallen... 4th December 2013 · 1 min read
UK Commercial Property Update Are the prospects for distribution warehouses still positive? Recent yield shifts suggest that investors may have more confidence in the prospects for standard industrial rents than distribution warehouses. To us, the reverse is still more likely and... 4th December 2013 · 1 min read
UK Commercial Property Data Response Construction PMI (Nov.) and Mergers & Acquisitions (Q3 13) The latest construction PMI points to solid confidence in the outlook for occupier demand, supporting our view that 2014 will see a meaningful rental recovery. 3rd December 2013 · 1 min read
Non-Euro Europe Commercial Property Outlook Stronger occupier markets to cushion blow of rising bond yields For European commercial property markets outside of the currency union, occupier conditions appear to be strengthening gradually, while investment markets have cooled. We expect these trends to... 28th November 2013 · 1 min read
Europe Commercial Property Outlook 2014: A year of stability for euro-zone property The latest economic and property market data from the single currency region sit comfortably with our forecasts that commercial property in the euro-zone faces a further year of stability in rental... 28th November 2013 · 1 min read
UK Commercial Property Data Response Colliers/Real Estate Capital Pricing Survey (Nov 13) The latest Colliers/Real Estate Capital survey shows that investor sentiment continues to improve, with more regional and/or secondary property coming into favour. However, respondents' expectations... 27th November 2013 · 1 min read
UK Commercial Property Chart Pack Capital value gains remain yield-driven All-property yields fell a little further in October, helping capital values to rise by 0.6%m/m. This took the total gain since April to 2% and was also enough to push the year-on-year growth rate... 21st November 2013 · 1 min read
UK Commercial Property Update South East offices at the forefront of the secondary recovery There were signs in IPD’s Q3 data that the recovery in secondary capital values has begun, albeit slow and not universal. Amongst the bright spots was the South East office market and, with rents now... 20th November 2013 · 1 min read
Europe Commercial Property Update How long can the surge in Irish property values last? All-property capital values in Ireland are 20% higher than a year ago and there is scope for further strong, yield-driven gains over the next quarter or two. To us, it seems inevitable that the pace... 19th November 2013 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Underlying conditions improving The latest economic activity data point to strengthening conditions in parts of Europe outside of the single currency region. Hence, commercial property occupier demand seems to be holding up fairly... 14th November 2013 · 1 min read
UK Commercial Property Update Lease-related data not as bad as they might seem Recent industry figures show that new lease lengths ticked down again in 2012. Of course, shorter leases are nothing new. Moreover, and contrary to the tone of some commentary, growing numbers of... 13th November 2013 · 1 min read
Europe Commercial Property Update Is the RICS survey right about property prospects in Emerging Europe? The message from the latest RICS survey was that property prospects in most parts of Emerging Europe are subdued, a view we broadly share. The exceptions are the Czech Republic, where we think capital... 12th November 2013 · 1 min read
UK Commercial Property Outlook The recovery is poised to broaden and accelerate We expect IPD all-property capital values to rise by 8% next year and 5% in 2015, well ahead of our previous forecasts and the current consensus (both about 2% per annum). The upgrades reflect the... 12th November 2013 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3 13) Today's RICS data point to an emphatic rebound in occupier market confidence and activity, supporting our view that there'll be a solid rental recovery next year. 8th November 2013 · 1 min read
