Europe Commercial Property Update Could falls in Brussels office yields be sustained? The last few weeks have brought increased evidence that the Brussels office market is gaining popularity with national and international investors. For now, occupier market conditions remain pretty... 19th August 2013 · 1 min read
Europe Economics Update Exports alone can’t save Slovenia Slovenia’s large export sector is faring rather well, supporting the country’s efforts to avoid a bail-out from the euro-zone. But exporters alone will not save Slovenia. Rather, the Government needs... 19th August 2013 · 1 min read
Europe Economics Weekly Recession over, but crisis unresolved While the second quarter’s 0.3% expansion in euro-zone GDP may partly have reflected temporary factors, there seems little reason to doubt that the region’s record-long recession is finally at an end... 19th August 2013 · 1 min read
Europe Economics Focus Is the recovery in the euro-zone business surveys the real deal? The rise in euro-zone GDP in Q2, coupled with the improvements in the key business surveys, confirms that a turning point in the business cycle has been reached. But these developments do not... 15th August 2013 · 1 min read
Europe Economics Update Respite from French recession, but recovery hopes overblown Q2’s 0.5% quarterly rise in French GDP, which was the strongest in over two years, has prompted optimism that the economy has finally joined Germany on a path to solid growth. But while we have... 15th August 2013 · 1 min read
Global Markets Update What next for euro-zone equities? Today’s euro-zone GDP data provided a further small boost to the region’s stock markets, which have been enjoying something of a revival in the second half of 2013. However, the economic outlook in... 14th August 2013 · 1 min read
Europe Data Response Euro-zone GDP (Q2) The return to modest rates of economic growth in the euro-zone as a whole won’t address the deep-seated economic and fiscal problems of the peripheral countries. 14th August 2013 · 1 min read
Europe Economics Update German minimum wage won’t rebalance the euro-zone Germany seems set to introduce a national minimum wage after September’s election. But it will probably do little to boost German consumer spending or to rebalance the euro-zone more generally. 13th August 2013 · 1 min read
Europe Data Response Euro-zone Industrial Prod. (Jun.) & German ZEW Survey (Aug.) June’s euro-zone industrial production data and August’s German ZEW survey provide further signs that the euro-zone has emerged from recession. 13th August 2013 · 1 min read
Europe Economics Update Troika’s Greek economic forecasts still look too optimistic The Greek GDP figures, which suggest that the economy may have expanded in Q2, confirm that Greece has benefitted from the recent period of relative calm and stability. But a strong and sustained... 12th August 2013 · 1 min read
Europe Commercial Property Update Returning confidence in the Italian property market premature Signs of a renaissance in Italy’s commercial property investment market appear to be heavily reliant on investors targeting distressed property. To the extent that most investors are unwilling to buy... 12th August 2013 · 1 min read
Europe Economics Weekly Industrial upturn has weak foundations The national industrial production figures for June provided further evidence that euro-zone GDP might have expanded in Q2. Nonetheless, a closer look at the data suggests that the figures are perhaps... 9th August 2013 · 1 min read
Europe Data Response German Industrial Production (Jun.) June’s German industrial production data point to a healthy rise in GDP in Q2 and the sector could continue to build up steam in the near term. 7th August 2013 · 1 min read
Europe Commercial Property Update Where next for euro-zone property yields? The recent improvement in euro-zone business surveys is unlikely to mark the start of a strong and broad-based economic recovery. Nevertheless, by helping to underpin sentiment, it will increase... 6th August 2013 · 1 min read
Europe Economics Update Will Hollande reverse the trend in French unemployment? Time is running short for President François Hollande to fulfil his vow to reverse the trend of rising French unemployment by the end of 2013. Despite the recent improvement in the business surveys... 6th August 2013 · 1 min read
Europe Data Response Italian Flash GDP (Q2) & Industrial Production (Jun.) Q2’s flash GDP release suggested that Italy’s deep recession is gradually easing. But an imminent and sustained period of growth still looks too much to hope for. 6th August 2013 · 1 min read
