Europe Commercial Property Update Will Berlin’s construction boom topple rental values? Strong occupier demand and higher rents have helped to lift Berlin’s office development pipeline. On its own, the current level of construction is likely to result in a sharp slowdown in rental growth... 22nd February 2018 · 1 min read
UK Commercial Property Update Are Rest of UK office rents pulling their weight? The subdued performance of office rents in Scotland, the West Midlands, and the North East is weighing on the Rest of UK aggregate. Yet, these regions aside, there is clear evidence that the recovery... 16th February 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Jan.) While January’s £5bn total was particularly strong for the time of year, it is unlikely to mark the start of a renewed upward trend. Highlighting the lack of liquidity in the market, much of the... 13th February 2018 · 1 min read
Europe Commercial Property Chart Pack Diverging fortunes for rental growth Investment activity across the euro-zone reached a new record in 2017. However, fourth quarter activity fell in annual terms for the first time since the financial crisis. Investor appetite for retail... 9th February 2018 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Yield falls not derailed by the slowdown in investment Solid economic growth in both Western and Emerging Europe appears to have continued into Q4. This kept expansionary activity amongst occupiers at strong levels. This, in turn, has driven vacancy rates... 9th February 2018 · 1 min read
UK Commercial Property Outlook Property will hold on to recent gains in 2018 The upswing in commercial property capital values is approaching its end. But unlike past cycles, capital values are more likely to plateau than to fall materially over the forecast horizon, at least... 9th February 2018 · 1 min read
Europe Commercial Property Update Calling time on the recovery in Dublin office rents The last five years have seen prime office rents in Dublin fully recover from their post-crisis lows. But we now think that a lower natural rate of vacancy and growing pipeline will see rents start to... 6th February 2018 · 1 min read
Europe Commercial Property Update Barcelona office rents defy political uncertainty The political crisis in Catalonia has not prevented prime office rents in Barcelona from rising in Q4. We see prime rents rising again in both Barcelona and Madrid this year and next, though the... 1st February 2018 · 1 min read
UK Housing Market Focus Will property wilt in 2018? The price gains of recent years have left housing looking expensive and commercial property looking fully-valued. The good news is that interest rate rises on the scale that we anticipate are unlikely... 31st January 2018 · 1 min read
UK Commercial Property Chart Pack Investment activity closes 2017 up by 9% Investor demand seems to be holding up well. However, we suspect that counter veiling forces on the economy, pricing, and sentiment will mean that investment marks time in 2018. As such, and with... 31st January 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Dec.) Net lending to commercial property contracted in December, driven entirely by a fall in net lending to schemes in the development pipeline. 30th January 2018 · 1 min read
Europe Commercial Property Update A sweet spot for Italian retail rents The combination of strong consumer spending growth and rising tourism appears to have been behind the sharp rise in prime retail rents in Milan and Rome last year. With these conditions set to... 25th January 2018 · 1 min read
Europe Commercial Property Update Has Mainland Europe investment activity peaked? Following another record year for commercial property investment in continental Europe in 2017, we expect investment activity to fall back this year. What’s more, with high interest rates and slower... 22nd January 2018 · 1 min read
UK Commercial Property Focus Is investment activity about to plateau? Whether thinking about the macroeconomic context, relative pricing, or investor sentiment – it is difficult to make a case that investment activity will be notably stronger or weaker than in 2017... 15th January 2018 · 1 min read
Europe Commercial Property Update Conditions ripe for uplift in German industrial rents Industrial take-up in the four main German cities continues to rise. Yet prime rents in Berlin, Frankfurt, Hamburg and Munich have been largely unchanged for 18 months. Even so, with occupier... 12th January 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Mortgage credit availability edged up in Q4, while the supply of credit for commercial property held steady. But while conditions for households are expected to improve further in Q1, commercial... 11th January 2018 · 1 min read
