UK Commercial Property Update Are we too optimistic about Rest of UK offices? During the three quarters since the referendum, Rest of UK office rental values have done relatively little to counteract the yield-driven falls in capital values seen after the vote. However, survey... 7th June 2017 · 1 min read
Europe Commercial Property Update What is behind the stagnation in German retail rents? Prime German retail rents have stagnated recently, in spite of a healthy economic backdrop. In the absence of a pick-up in occupier demand, it is difficult to see strong rental growth in the years... 26th May 2017 · 1 min read
UK Commercial Property Chart Pack Rents and capital values see modest rise Even though investment activity looks soft compared to the elevated levels seen in 2015, the value of deals transacted over the last twelve months would not look too low compared to most other years... 25th May 2017 · 1 min read
Europe Commercial Property Update Will strong demand continue to lift euro-zone office rents? Strong employment growth in the euro-zone augurs well for office occupier demand. Coupled with limited net additions, we think euro-zone prime office rents will move higher in the years ahead. 19th May 2017 · 1 min read
UK Commercial Property Update London office development cycle past its peak London’s office development pipeline has been a source of concern to many for some time now. But a comparison with vacancy rates supports our view that it has not been excessive. It also seems to be... 16th May 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Apr.) Weaker investment market activity is fairly typical at this time of year. Even so, activity this April was particularly soft due to a very low number of deals. That said, there were no signs that... 11th May 2017 · 1 min read
Europe Commercial Property Update Jump in Milan office rents unlikely to be sustained Prime office rents in Milan recorded their biggest quarterly gain since 2008 in Q1, with a lack of quality space a key driver. But with completions starting to rise, we don’t expect this to be... 4th May 2017 · 1 min read
Europe Commercial Property Update Investment rises, but concerns about pricing grow Investment activity in Mainland Europe started the year strongly and demand looks similarly robust so far in Q2. And as occupier fundamentals continue to strengthen, we expect valuations will become... 3rd May 2017 · 1 min read
UK Commercial Property Update Is industrial’s outperformance a sign of trouble ahead? Previous periods of industrial outperformance have all marked the end of commercial property upturns. But there is no direct causality in this observed correlation. In any event, industrial occupier... 2nd May 2017 · 1 min read
Europe Commercial Property Update Vienna office capital values close to peaking A jump in the development pipeline means that the outlook for office rental growth in Vienna is now weaker than we previously thought. And with valuations starting to look a little stretched, we think... 27th April 2017 · 1 min read
Europe Commercial Property Update Prime Lisbon office rents set for a new upward phase With Portugal’s economy starting to recovery, we expect prime Lisbon office rents to begin a sustained shift higher, supported by rising occupier demand and a limited development pipeline. 25th April 2017 · 1 min read
UK Commercial Property Chart Pack Industrial sector leading the way The latest property market data sit well with our view that the industrial sector will prove to be a bright spot this year. What’s more, there were few signs to make us reconsider our view that rental... 24th April 2017 · 1 min read
Europe Commercial Property Update Improving economy bodes well for Moscow real estate With the Russian economy returning to growth, a gradual improvement in Moscow occupier markets should support a further recovery in investment volumes, pushing prime yields down. 21st April 2017 · 1 min read
UK Commercial Property Update Are bank branch closures another sign of high street woes? It is tempting to view the latest round of bank branch closures as another sign of the continuing struggles of UK high streets. Yet not only are the latest closures just the latest point in a well... 20th April 2017 · 1 min read
Europe Commercial Property Update Office conversions likely to fuel rental growth in Oslo Oslo’s house price boom is likely to indirectly support the office market, by driving a level of office-to-residential conversions that will almost equal the delivery of new office space in the next... 13th April 2017 · 1 min read
Europe Commercial Property Update Prague office rental growth prospects revised upwards Upgrades to the outlook for employment in the Czech Republic for 2017 and 2018 mean that office vacancy rates will stay close to current lows, driving rental growth of 3.5% in 2017 and 1% in 2018. 7th April 2017 · 1 min read