We suspect that euro-zone commercial property yields may fall a little further by the end of this year. However, the bulk of the investment market recovery may well be behind us. Subdued economic growth will prevent a rapid recovery in rental values any time soon and, as such, the prospects for capital value growth are weak. Accordingly, over the coming years, income returns will hold the key to commercial property performance.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services