Our updated yield model points to prime euro-zone office yields rising by only around 5bps by the end of 2020. This is notably less than our forecast, which points to a rise of 20bps in the same period. However, country-specific factors in Italy, in particular, help explain the sharper increase in our forecasts than in the top-down euro-zone model.
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