UK Commercial Property Outlook Returns to weaken regardless of Brexit Regardless of the Brexit outcome, we expect all-property returns to be squeezed as a result of weakness in the retail sector. However, as Brexit could dramatically alter the near-term outlook for the... 15th August 2019 · 25 mins read
Europe Commercial Property Update Vacancy set to stabilise at cyclical lows in Paris Paris office take-up is likely to drop back a little this year, but with economic growth staying steady, it’s unlikely to fall off a cliff. A fairly restricted supply outlook means that vacancy can... 4th July 2019 · 3 mins read
UK Commercial Property Update Will regional office rental growth still pick up? Although weakness in occupier conditions in the West Midlands looks likely to weigh on Rest of UK office rental value growth in the near term, an improvement in the South West and less of a drag from... 19th June 2019 · 1 min read
UK Commercial Property Update How might supply affect regional retail rental values? Although retail demand has improved, the oversupply of property is expected to hold down retail rents for some time. But the speed of adjustment to the ‘new norm’ of retail stock could differ across... 6th June 2019 · 1 min read
Europe Commercial Property Update Shopping centre yield spread over high streets to rise Concerns about rental growth prospects appear to be behind rising prime shopping centre yields. While we anticipate high street yields to rise also, a smaller correction will see the yield spread... 5th June 2019 · 1 min read
UK Commercial Property Update London office completions to reduce Although the rise in office space under construction reported by the summer London Crane Survey highlighted that developers continue to have confidence in the market, other surveys of construction and... 4th June 2019 · 1 min read
Europe Commercial Property Update Rise in Moscow office yields to be short-lived With Russian government bond yields expected to continue falling this year, we think that the rise in Moscow office yields in Q1 will prove temporary and that they will end the year at 9%, down from 9... 30th May 2019 · 1 min read
UK Commercial Property Data Response Commercial property investment (Apr.) The weakness in April’s investment data reinforces the downward underlying trend in activity. Indeed, with uncertainty prolonged and pricing concerns apparent, particularly in the retail sector, we... 21st May 2019 · 1 min read
Europe Commercial Property Update After a stable 2018, Berlin office yields can fall again Prime office yields in Berlin have been stable over the past 18 months, in spite of strong rental growth expectations. With tighter monetary policy now some way off, and yields on assets with a... 17th May 2019 · 1 min read
Europe Commercial Property Update Have Warsaw office rents really turned a corner? Warsaw office demand is likely to slow over the next two years, while completions of new space will increase. But, we still expect to see an overall rise in prime CBD rents in the next few years. 14th May 2019 · 1 min read
UK Commercial Property Update Alternatives to prop up overall investment activity The recent strength of alternative investment does not appear to reflect a broadening in the investor base, but with interest rates unlikely to rise until next year, we think that a continuation of... 14th May 2019 · 1 min read
Europe Commercial Property Update Returns from Dublin offices to slip further In spite of healthy occupier demand of late, poor rental growth prospects mean that total returns from Dublin offices will continue to be amongst the lowest in the euro-zone. 10th May 2019 · 1 min read
Europe Commercial Property Update Office rental growth lead to diminish in 2020-21 Western European office rents grew by 5.3% p.a. in 2016-18. We expect them to grow by little more than that over the next three years combined, as occupier demand slows and development completions... 2nd May 2019 · 1 min read
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
