UK Commercial Property Data Response Mergers and Acquisitions (Q2) By volume, merger and acquisition (M&A) activity involving UK firms was weak in Q2, while the recent turmoil in financial markets does not bode well for Q3. Given that M&A is an important revenue... 7th September 2011 · 1 min read
Europe Commercial Property Update Minimal threat of office supply shortages in CEE The rapidly slowing trend in CEE office completion volumes seen over the past couple of years looks set to be extended next year. But this does not imply that the region will face a shortage of office... 2nd September 2011 · 1 min read
Europe Commercial Property Update Relative pricing levels of Nordic retail markets set to shift If we are right that prime retail yields in Stockholm will fall further than those in Oslo, Helsinki or Copenhagen, relative pricing levels across Nordic retail markets will move out of kilter with... 1st September 2011 · 1 min read
Europe Commercial Property Chart Pack Euro-zone property investment market set to weaken Q2’s sharp slowdown in GDP growth in the euro-zone’s so-called “core” economies is a worrying sign that investor sentiment across the region as a whole could fall sharply in the near term. If that is... 24th August 2011 · 1 min read
UK Commercial Property Chart Pack All-property capital values on track for modest gain in 2011 All-property initial yields were unchanged in July, at 6.28%. All-property capital values have risen by 1% to 2% since the start of the year and, reflecting the near-term prospects of both flat rents... 24th August 2011 · 1 min read
Europe Commercial Property Update Risks of fresh declines in French retail rents have increased To date, the strength of demand from international retailers seeking to enter the French retail market has been sufficient to offset softening demand from incumbent brands, in turn helping to support... 13th August 2011 · 1 min read
UK Commercial Property Update Prime retail property not immune to further consumer spending falls Arguments that further “flight to quality” will insulate the landlords of prime retail property from the effects of a renewed drop in consumer spending have a strong intuitive appeal. But there must... 12th August 2011 · 1 min read
UK Commercial Property Focus How much further can the Central London office boom run? The fact that vacancy rates are below average suggests that IPD City and West End office rental and capital values will continue to rise for another six to 12 months. But, given the subdued demand... 10th August 2011 · 1 min read
Europe Commercial Property Update What is the outlook for Warsaw office rents? The current, double-digit pace of rental value growth in the Warsaw office market is not sustainable. But despite a large development pipeline, we believe that Poland’s relatively solid economic... 9th August 2011 · 1 min read
Non-Euro Europe Commercial Property Outlook Yield compression to halt as the recovery falters Non-euro-zone economies will not be immune from the slowdown now unfolding in the single currency area. A slower pace of economic growth coupled with concerns about potential contagion from the crisis... 5th August 2011 · 1 min read
Europe Commercial Property Outlook Europe’s fiscal crisis will dent the occupier market recovery The weakening economic outlook for the euro-zone economy is likely to act as a brake on the recovery in commercial property markets over the next year or two. Rental value growth will moderate in most... 5th August 2011 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q2) Today’s RICS Construction survey suggested that private sector activity was strong enough in Q2 to balance a decline in public sector output. Looking ahead, a slowdown in construction activity would... 5th August 2011 · 1 min read
Europe Commercial Property Update Will Czech retail rental values recover this year? Over recent weeks, the downside risks to our forecasts for a modest recovery in retail rental values in Prague this year have increased. But, if we are right, some of the factors weighing on Czech... 29th July 2011 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) The latest RICS survey suggests that, for now, occupier demand is proving resilient to the slowdown in the wider economy. That said, outside the Central London office market, there was little to... 29th July 2011 · 1 min read
Europe Commercial Property Update End of the road for German industrial yield compression? We suspect that Q2’s fall in yields may mark the end of the road for the German industrial investment market recovery. As our fears of a rapid slowdown in the manufacturing recovery are borne out... 26th July 2011 · 1 min read
UK Commercial Property Chart Pack Property investment market volumes remain in the doldrums Investment market activity remained pretty weak in June. Indeed, it was the third consecutive month in which the total value of transactions had been less than £2bn. That had not happened since... 23rd July 2011 · 1 min read
