UK Commercial Property Update Takeaways from our Property in 2025 roundtables This week we held a series of roundtable discussions with clients in our London office about the outlook for European commercial property. This Update outlines our thoughts on some of the most... 28th November 2024 · 4 mins read
Europe Economics Update Don’t expect a big fiscal stimulus in Germany It now seems increasingly likely that, as we had been expecting, Germany will loosen its strict fiscal rule after the upcoming general election. However, hopes of a big fiscal stimulus are likely to... 28th November 2024 · 4 mins read
UK Economics Update Pledge not to raise taxes may not survive contact with reality The Chancellor, Rachel Reeves, has confidently claimed that she will not be “coming back with more taxes”, but developments since the Budget have already whittled away her fiscal ‘headroom’. Further... 28th November 2024 · 5 mins read
Europe Rapid Response EC Survey (November 2024) The EC survey was little changed in November and is still consistent with weak growth at best, while the price components suggest that inflationary pressures remain sticky. 28th November 2024 · 2 mins read
UK Commercial Property Update IPF Consensus Forecasts (Nov. 24.) The latest IPF Consensus Survey was broadly unchanged from the previous forecast round. Total returns at the all-property level are forecast to be 7.7% p.a. over 2024-28, up from 7.6% p.a. previously... 27th November 2024 · 3 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (November 2024) EM GDP growth ticked up in Q3 but is likely to fall short of expectations over the coming quarters as stimulus in China disappoints and still-tight monetary policy takes it toll. For most EMs, a... 27th November 2024 · 1 min read
Europe Economics Focus The slow agony of Germany’s auto industry One of the many problems that the next German government will have to contend with is the struggling car sector. Unfortunately, the sector’s challenges are only likely to intensify given the prospect... 27th November 2024 · 29 mins read
Middle East & North Africa Economics Update The implications of the Israel-Hezbollah ceasefire The economic impact of the Israel-Hezbollah ceasefire hinges on whether the deal holds and whether it sets the stage for a broader de-escalation of the regional conflict. If it does, that would allow... 27th November 2024 · 6 mins read
UK Housing Market Update Are there enough workers to build 300,000 homes a year? Even if the government’s easing of planning rules were to mean that at least 300,000 new home approvals in England were granted a year, the number of construction workers would need to rise... 26th November 2024 · 3 mins read
Emerging Europe Rapid Response Poland Activity Data (Oct.) The stronger-than-expected Polish activity data for October suggest that the contraction in the economy in Q3 wasn’t the start of a renewed trend. With fiscal policy set to remain loose over the... 26th November 2024 · 2 mins read
Emerging Europe Rapid Response Israel Interest Rate Announcement (Nov.) 25th November 2024 · 2 mins read
Event Global Drop-In: US tariffs – How they’ll work, what they’ll do and how the world will respond 26th November 2024, 2:30PM GMT Donald Trump’s latest threat to impose massive tariffs on China, Mexico and Canada are a reminder that this is a very real threat to the global economic outlook.
Emerging Europe Rapid Response Romania Presidential Election (First Round) The surprise lead for an independent far-right candidate, Călin Georgescu, in the first round of Romania’s presidential election raises the risk of an abrupt shift towards more populist policymaking... 25th November 2024 · 2 mins read
Europe Commercial Property Valuation Monitor Europe Commercial Property Valuation Monitor (Q4 2024) Commercial property valuations improved in all sectors in Q3 as bond yields fell, with offices and retail moving into fair value territory. However, the rise in government bond yields so far in Q4... 25th November 2024 · 0 mins read
