Europe Commercial Property Chart Pack Yield compression takes a breather in Q2 Euro-zone commercial property investment recorded another strong quarter in Q2. Nevertheless, the rate of yield compression slowed sharply, with aggregate euro-zone all property yields declining by... 6th August 2015 · 1 min read
Europe Economics Focus Why hasn’t the German recovery taken off? Hopes that Germany would drive a strong euro-zone recovery have faded as subdued demand for its exports has offset the boost from a weaker euro. This trend is set to continue. And as the consumer... 6th August 2015 · 1 min read
Europe Chart Pack Labour market recovery stalls While the euro-zone economy has continued to weather the ongoing Greek crisis reasonably well, one potentially worrying recent development is the apparent slowdown in the labour market recovery. Not... 5th August 2015 · 1 min read
Europe Data Response Euro-zone Retail Sales (Jun.) & Final PMIs (Jul.) The sharp drop in euro-zone retail sales in June suggests that consumer spending growth slowed in Q2. But July’s final Composite PMI implies that the wider economy maintained a steady pace of... 5th August 2015 · 1 min read
Europe Economics Update Italy’s recovery and reforms show no signs of boosting jobs The Italian economy’s tentative return to growth and recent structural reforms are unlikely to feed into a meaningful labour market recovery for some time yet. So frustrations with Mr Renzi’s... 4th August 2015 · 1 min read
Europe Economics Update Massive economic damage means Grexit still likely The scale of the damage done to the Greek economy by the country’s renewed crisis and imposition of capital controls looks set to be far worse than the provisional plans for a third bailout envisaged... 3rd August 2015 · 1 min read
Europe Commercial Property Update Perceptions of property valuations suggest core will underperform Across Europe, only in a few core markets do a majority of RICS members believe that property valuations are expensive. While that boosts the case for commercial property investment generally, it also... 3rd August 2015 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Jul.) The peripheral economies continued to make fiscal progress in June. But halfway through the year, most have much more work to do if they are to meet their 2015 budget targets. The economic... 3rd August 2015 · 1 min read
Europe Economics Update Is Belgium resolving its structural problems? Belgium has started to reform its labour market and improve its competitiveness. But this will take time to bear fruit, and further work will be needed. Accordingly, over the next few years we expect... 31st July 2015 · 1 min read
Europe Economics Weekly Greek bailout on the rocks before it’s begun? Looking ahead to this week, we think that euro-zone retail sales data for June will reveal a slight slowdown in annual sales growth. On a country level, indicative of their wider economic performances... 31st July 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jul.) & Unemployment (Jun.) Euro-zone inflation was well below target in July and renewed rises in unemployment suggest that disinflationary forces remain strong. 31st July 2015 · 1 min read
Europe Data Response German Flash CPI (Jul.) July’s inflation data confirmed that price pressures in Germany are very subdued, underlining the need for continued and perhaps increased ECB policy support. 30th July 2015 · 1 min read
Europe Data Response Ireland GDP (Q1) Ireland's economy went like the clappers in Q1, setting the country up for another year as the euro-zone's fastest-growing economy. 30th July 2015 · 1 min read
Europe Data Response EC Business & Consumer Survey (Jul.) The European Commission’s monthly Business and Consumer Survey for July provided some reassurance that the euro-zone economic recovery has retained some momentum in the third quarter. But growth... 30th July 2015 · 1 min read
Europe Commercial Property Update What impact could Fed and BoE rate rises have on European real estate? Early interest rate rises in the US and UK will push up bond yields globally. But, with further monetary easing still likely in Europe, we do not expect much of an effect on European assets. We... 30th July 2015 · 1 min read
Europe Data Response Swedish GDP (Q2, Prov.) The provisional estimate of Swedish Q2 GDP revealed that the economic recovery regained some momentum after the disappointing start to the year. But we doubt that it will prevent the Riksbank from... 30th July 2015 · 1 min read
