Europe Commercial Property Chart Pack Yield recovery on the brink of going into reverse The final quarter of 2011 brought the strongest evidence yet that the downward phase in euro-zone commercial property yields has not only come to an end, but has started to go into reverse. Falling... 16th February 2012 · 1 min read
Europe Data Response Euro-zone GDP (Q4) The provisional Q4 euro-zone GDP figures confirmed that the economy contracted at the end of last year, albeit by a bit less than had been feared. The 0.3% quarterly fall was slightly better than the... 15th February 2012 · 1 min read
Europe Economics Weekly Greece on the brink, yet again The immense difficulties in finalising a second rescue package and debt restructuring for Greece have pushed the country right to the brink once more. Even if the policymakers manage again to step... 13th February 2012 · 1 min read
Europe Economic Outlook Crunch year for the euro-zone? While the news on the euro-zone economy has improved a bit in the last month or two, 2012 could still turn out to be crunch year for the currency union. Fiscal progress in the peripheral economies has... 6th February 2012 · 1 min read
Europe Commercial Property Outlook On the cusp of a fresh downturn The recovery in capital values seen in most euro-zone property markets over the past year or so, looks set to be reversed in 2012. As the economy slides back into a deep recession, occupier demand... 26th January 2012 · 1 min read
Euro-zone departures to exacerbate the downturn The euro-zone stands on the brink of a deep recession which will encompass all member states. Emerging European economies have less scope to loosen policy in response to a drop in euro-zone output... 25th January 2012 · 1 min read
Europe Data Response Italian GDP (Q3) Italy’s Q3 GDP figures add to evidence that the economy has probably already re-entered recession, despite the fact that the fiscal squeeze there has barely started. With the economy set to contract... 21st December 2011 · 1 min read
Europe Commercial Property Focus What will a break-up mean for euro-zone commercial property? The economic and financial market dislocations that will arise from a break-up of the euro-zone will have severe, negative consequences for euro-zone commercial property markets. Indeed, we think that... 9th December 2011 · 1 min read
Europe Economics Update Italian prospects remain grim Recent euro-zone developments may have brought Italy back from the brink again. But Italy will still need years of financial assistance from the rest of the region and to go through years of severe... 7th December 2011 · 1 min read
Europe Data Response German & Italian Industrial Production (Oct.) October’s German and Italian industrial production data do little to alter the likelihood that the euro-zone has fallen back into recession in the fourth quarter. 7th December 2011 · 1 min read
Europe Economics Weekly Markets gamble on the ECB The financial markets seem to be gambling that the European Central Bank and Germany are bluffing when they say they are not about to come to the euro’s rescue. But given the obstacles still in the... 5th December 2011 · 1 min read
Europe Economics Update Euro break-up will leave no country unscathed We expect a limited form of euro-zone break-up in the next two years to cause widespread economic disruption across the region. And with recent indicators already pointing to recession in a number of... 1st December 2011 · 1 min read
Europe Data Response Euro-zone EC Survey (Nov.) November’s EC business and consumer surveys support the message from other timely indicators that the euro-zone is entering a deep recession. 29th November 2011 · 1 min read
Europe Economics Focus How and when will the euro-zone break up? The continued escalation of the euro-zone debt crisis suggests that some form of break-up of the currency union is now likely to come sooner rather than later. We expect Greece to leave the euro in... 28th November 2011 · 1 min read
Europe Commercial Property Chart Pack Weaker investment flows in the pipeline Uncertainty about the euro-zone economic outlook is prompting property investors to act more cautiously. Activity in Q3 was driven by deals initiated before the summer’s turmoil. We agree with survey... 21st November 2011 · 1 min read
Europe Economics Weekly Break-up fears pile pressure on the core There are still few signs that euro-zone policymakers are close to placing a firewall around the region’s most troubled economies. This, combined with the deteriorating economic outlook, led some of... 21st November 2011 · 1 min read
