UK Commercial Property Update Supermarkets to outperform the wider retail sector There are no signs that supermarket rental value falls will reverse. But supermarket capital value growth is likely to outpace the wider retail sector in coming years as valuations appear less... 30th April 2019 · 1 min read
UK Commercial Property Chart Pack UK interest rates lower for longer Recent developments suggest that UK GDP growth will be lower for a bit longer. As such, with interest rates unlikely to rise as quickly, bond yields should put less upward pressure on property yields... 26th April 2019 · 1 min read
Europe Commercial Property Update Rental growth to boost Barcelona logistics returns Limited availability and a small pipeline will support further logistics rental growth in Barcelona. As a result, total returns will outperform those of Madrid and be amongst the highest in the euro... 25th April 2019 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q1) The RICS survey showed no improvement in occupier demand conditions and investment enquires worsening, consistent with the property market slowing further. 25th April 2019 · 1 min read
Europe Commercial Property Update Rotterdam offices top the league With prime rents in Rotterdam expected to grow by 7.5% in the next three years, we expect strong investor demand for the city to drive some of the largest office sector yield falls in Europe. This... 18th April 2019 · 1 min read
Europe Commercial Property Update Swiss office rents to rise, but challenges aplenty Demand for CBD space is starting to reignite prime rental growth in Geneva and Zurich. But a weakening economy and competition from new, well-connected developments will limit further gains in rents. 17th April 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Mar.) The improvement in investment activity in March was mostly driven by a one-off deal and with economic and political uncertainty to continue for longer, we do not expect to see a sustained pick up in... 16th April 2019 · 1 min read
UK Commercial Property Update Weak sentiment weighing on the leisure sector Weak sentiment and higher vacancy rates point to a softening in leisure rental value growth and higher leisure yields in coming months. In turn, we think that capital values for leisure property could... 11th April 2019 · 1 min read
Europe Commercial Property Update Alternative locations to limit German industrial rents A weak economic environment, and occupiers prepared to look outside traditional industrial locations which offer better value for money, will hold back the growth in prime industrial rents. But tight... 11th April 2019 · 1 min read
UK Commercial Property Update Softening land values point to lower industrial rents As a determinant of industrial rental values, the fact that land values are softening is consistent with our forecast for industrial rental value growth to slow further, especially in the Rest of the... 8th April 2019 · 1 min read
UK Commercial Property Focus Offices the bright spot for Manchester property In relative terms, Manchester has led the way in the recent regional recovery. Even though the outlook for the UK property market is weaker, we expect that Manchester’s regional outperformance will... 5th April 2019 · 1 min read
Europe Commercial Property Update Returns from Italian assets to underwhelm Driven by falls in capital values, total returns from office and retail assets in Italy are forecast to be at the bottom of the euro-zone pack. Industrial returns will be better, but still just below... 4th April 2019 · 1 min read
Europe Commercial Property Update Stockholm offices deserve renewed attention Our latest forecasts paint a bright picture for Stockholm office returns over the next few years, supported by “lower for longer” bond yields and another upgrade to rental value growth. 2nd April 2019 · 1 min read
UK Commercial Property Chart Pack All-property initial yields rise above 5% Yields increased for the second consecutive month across the three main sectors in February. In turn, all-property net initial yields rose to over 5%. This is the highest in a year, but is still lower... 25th March 2019 · 1 min read
UK Commercial Property Update Labour market data positive for London office rents Strong growth in London office-based jobs at the end of last year point to a decent pick up in office rental value growth in central London in the first quarter of 2019. However, with office-based... 20th March 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Feb.) February’s investment numbers do not alter the bigger picture that UK commercial property investment activity is trending downwards. And even once Brexit uncertainty is reduced, economic fundamentals... 18th March 2019 · 1 min read