Europe Commercial Property Update Vacancy set to stabilise at cyclical lows in Paris Paris office take-up is likely to drop back a little this year, but with economic growth staying steady, it’s unlikely to fall off a cliff. A fairly restricted supply outlook means that vacancy can... 4th July 2019 · 3 mins read
Europe Economics Update Eight quick points about the European elections Projections of the results of the European elections confirm that pro-European parties will continue to have a clear majority in the European Parliament (EP) itself, so little will change at EU level... 27th May 2019 · 1 min read
Global Markets Update Tariffs remain a big risk for the DAX Although equities in the euro-zone have fallen sharply in the past week as the US-China trade dispute has flared up again, they are still much higher than they were at the start of the year. This... 15th May 2019 · 1 min read
Global Economics Update France This Briefing is a reference guide with our latest views and forecasts for France’s economy, including the prospects for key macroeconomic and financial market variables such as gross domestic product... 8th May 2019 · 1 min read
Europe Commercial Property Update Core French assets still offer good value A period of low, but stable growth and historically low interest rates will be supportive of demand for French assets over the next few years. While the retail sector is seeing evidence of some re... 26th April 2019 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Feb.) February’s Composite PMI provides some reassurance that the euro-zone economy as a whole is still growing. But industrial output is falling, and with the global economy slowing and trade tensions... 21st February 2019 · 1 min read
Europe Economic Outlook Missing the global tightening cycle The euro-zone should regain some momentum in the coming months, at least compared to its dire performance at the end of last year. But we think the economy will expand by just 1% in 2019 as a whole... 18th January 2019 · 1 min read
Global Markets Update French bonds likely to remain under pressure in 2019 Even if the domestic situation in France has calmed down, the underlying causes of the recent unrest linger. What’s more, we think that France has become more vulnerable to contagion risks from Italy. 19th December 2018 · 1 min read
Europe Economics Update Business surveys highlight particular weakness of Italy While business surveys have weakened throughout the euro-zone, they imply quite different things for growth in each economy. The Spanish surveys still bode well. But the German and French indicators... 18th December 2018 · 1 min read
Europe Economics Update Macron’s measures unlikely to boost the economy Protests in France are likely to put a serious dent in GDP growth in Q4. And while the giveaways announced yesterday will boost disposable incomes next year, any positive effect on the economy is... 11th December 2018 · 1 min read
Europe Economics Weekly GDP growth slowing, but wage growth rising The latest data on economic activity in the euro-zone have been weak, but policymakers at the ECB will have been encouraged by the continued acceleration in wage growth. At its meeting on Thursday... 7th December 2018 · 1 min read
Europe Data Response German & French Industrial Production (Oct.) October’s industrial production data for Germany and France add to the evidence that the euro-zone economy is unlikely to bounce back strongly after Q3’s slowdown in GDP growth. 7th December 2018 · 1 min read
Europe Economics Update French riots add to downside risks to outlook Riots over living costs in France have not altered our view that the economy will outperform most of its neighbours in the next two years. But they highlight how difficult it will be for President... 3rd December 2018 · 1 min read
Europe Commercial Property Update Plateauing French investment points to stable yields With no obvious indication that French property investment will change significantly next year, our upcoming forecasting round is likely to see a flattening in our property yield profile for 2019. 23rd October 2018 · 1 min read
Europe Economic Outlook Modest slowdown masks large divergences Prospects for Europe have deteriorated somewhat as slowing global demand has begun to affect exports and a sharp rise in bond yields has darkened the outlook for Italy. Some of the major players... 17th October 2018 · 1 min read
Europe Commercial Property Update Lyon offices to benefit from pickup in French growth The French economy has disappointed so far this year, but we expect stronger growth in the second half of the year and into 2019. This will be positive for the regional office markets such as Lyon... 2nd October 2018 · 1 min read
