Europe Commercial Property Update Investment market recovery not warranted by occupier fundamentals Increased optimism in the euro-zone’s economic outlook may have prompted some investors to look through what they perceive to be the final stages of the occupier market downturn. But October’s fall in... 7th November 2013 · 1 min read
Europe Commercial Property Chart Pack Robust investment market built on shaky fundamentals The improvement in the euro-zone economy has supported a relatively active quarter for commercial property investment in Q3. Moreover, some types of investors have become increasingly willing to look... 6th November 2013 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct. 13) The CIPS/Markit construction PMI suggests that confidence in the prospects for commercial property occupier demand is now firmly entrenched. IPD all-property rental values have already shown signs of... 4th November 2013 · 1 min read
Europe Commercial Property Update Is the dip in Prague office rents the start of a softer trend? The dip in Prague office rents in the third quarter was consistent with our existing forecast and is not a cause for alarm. That said, with only a modest upturn in occupier demand likely over the next... 31st October 2013 · 1 min read
Europe Commercial Property Update Investment case for Italy weaker than Spain The recent return of some international investors to commercial property markets in Spain and Italy seems to reflect the rapid turnaround in sentiment in both economies over the past year or so. Our... 30th October 2013 · 1 min read
UK Commercial Property Chart Pack Property recovery quickens and broadens All-property rental values ticked up by 0.1%m/m in September while yields edged lower. As a result, capital values rose by 0.6%m/m. That was the largest monthly gain since April 2010. But perhaps more... 28th October 2013 · 1 min read
Europe Commercial Property Update Low interest rates supportive of Stockholm office values... for now Stockholm's office market appears to be in relatively good shape. Economic sentiment is rising, credit conditions for commercial property are strengthening, while this morning's decision by the... 24th October 2013 · 1 min read
Europe Commercial Property Update Is Polish property at a turning point? Recent data pointing to a sharp upturn in the Polish economy bode well for a gentle recovery in retail and industrial capital values in 2014. But the office market faces rising vacancy rates and a... 23rd October 2013 · 1 min read
UK Commercial Property Focus Is Manchester property a good bet? Growing numbers of investors appear to be looking beyond London and other prime markets, and for many Manchester seems to be a key target. Our top-down analysis suggests that the prospects for rents... 23rd October 2013 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q3 13) Today's RICS Construction Survey had a distinctly positive tone, with both residential and commercial property activity reported to have risen strongly in Q3. This points to developers having... 22nd October 2013 · 1 min read
Europe Commercial Property Update German office occupier demand set to strengthen Third-quarter agency data show that, overall, office occupier market activity in Germany's major markets has continued to trend lower. But take-up levels remain relatively high, while the positive... 18th October 2013 · 1 min read
UK Commercial Property Update Transactions data add to positive news flow Transactions-based yields have fallen pretty sharply in recent months and, rather than technicalities to do with shifts in the mix of properties being traded, this is another sign of a genuine... 15th October 2013 · 1 min read
Europe Commercial Property Update Should we worry about Turkey’s shopping centre pipeline? Over the next 18 months, Turkey’s shopping centre market faces a 20% rise in supply. Yet unlike 2008 and 2011, when supply rose by a similar margin, occupier market fundamentals should prove more... 10th October 2013 · 1 min read
Europe Commercial Property Update Will Spanish property yields close the gap with core markets? The factors which have supported the sharp narrowing of the spread between Spanish and German government bond yields over the past year or so should also be supportive of Spanish property values... 8th October 2013 · 1 min read
UK Commercial Property Focus Rising confidence will accelerate property’s recovery Occupier confidence has finally taken a turn for the better. We think that this will accelerate the recovery in commercial property rents and prices. The consensus view is that IPD all-property... 8th October 2013 · 1 min read
UK Commercial Property Update More evidence that rental gains will spread beyond London offices We suspect that the drop in financial services sector output indicated by the latest CBI/PwC survey was simply a seasonal lull and that Central London office rents will continue to grow. Moreover... 7th October 2013 · 1 min read
