Europe Commercial Property Chart Pack Tentative signs of a turning point for property All-property capital values rose for the third consecutive quarter in Q2, leaving them less than 1% below their pre-virus level. The improvement was driven by a decline in all-property yields, though... 18th August 2021 · 9 mins read
Europe Commercial Property Chart Pack Competition for industrial assets bids down yields With the faster pace of vaccination paving the way for a rebound in economic activity, the prospects for occupier markets have improved. However, structural changes mean that the recovery in the... 20th May 2021 · 9 mins read
Europe Commercial Property Chart Pack Pandemic widens sectoral divergences Despite the sharp hit to economic activity, euro-zone prime commercial property values were comparatively unscathed last year, falling by just 2%. However, this hides large differences in performance... 16th February 2021 · 10 mins read
Europe Commercial Property Chart Pack Second lockdown a further blow to retail The industrial sector aside, investment activity and occupier demand failed to recover from sharp Q2 falls in Q3, even as lockdown measures were eased. Indeed, in the retail sector, the fall in prime... 12th November 2020 · 10 mins read
Europe Commercial Property Chart Pack Retail property values move sharply lower Investment and occupier demand plunged further in Q2. As expected, the retail sector bore the brunt of the impact, with capital values falling by almost 9% y/y. This drove down all-property capital... 19th August 2020 · 9 mins read
Europe Commercial Property Chart Pack Larger hit to values yet to come Prime euro-zone rents and yields held broadly steady in Q1, with many agents noting it was not possible to provide a robust reassessment of values. This marked the end of period of positive rental... 20th May 2020 · 10 mins read
Europe Commercial Property Chart Pack Further slowdown in capital value growth ahead Although euro-zone rental value growth slowed in 2019, further falls in property yields supported capital values. Despite the soft economic backdrop, capital value growth should hold up in coming... 21st February 2020 · 9 mins read
Europe Commercial Property Chart Pack Falls in yields support capital value growth A fall in office and industrial yields supported all-property capital value growth in Q3. However, the slowdown in the retail sector weighed on all-property rental growth. With economic growth... 15th November 2019 · 10 mins read
Europe Commercial Property Chart Pack Slowing rental growth leading to investor caution There has been a gradual slowing in rental growth in the last couple of quarters, with a particularly large drop-off in retail rental growth. This has been echoed in the investment market, with all... 19th August 2019 · 10 mins read
Europe Commercial Property Chart Pack Retail yields at an inflection point A further slowdown in the rate of yield compression suggests that investors are increasingly nervous about pricing at this late stage of the cycle. We expect this to continue, especially given the... 24th May 2019 · 1 min read
Europe Commercial Property Chart Pack Tick-up in capital value growth to be short-lived Euro-zone property investment rose by 9% y/y last year to reach a new high of €183bn. But not all markets shared in the spoils, with Italy posting a 20% decline. At the all-property level, yields... 15th February 2019 · 1 min read
Europe Commercial Property Chart Pack Rental growth slows again Investor demand for commercial property assets in the euro-zone continues to see prime yields edge lower, particularly in the office and industrial sectors, albeit falls of 4bps and 7bps respectively... 9th November 2018 · 1 min read
Europe Commercial Property Chart Pack Little movement in office & retail yields The second quarter of the year saw further signs that the euro-zone property market upswing is close to an end. With a 5% annual fall in investment, activity is now starting to track sideways on a... 15th August 2018 · 1 min read
Europe Commercial Property Chart Pack Running out of steam A number of indicators suggest that the current cycle is running out of steam. Although investment across the euro-zone was up compared to the first quarter of last year, on a four-quarter basis, it... 18th May 2018 · 1 min read
Europe Commercial Property Chart Pack Diverging fortunes for rental growth Investment activity across the euro-zone reached a new record in 2017. However, fourth quarter activity fell in annual terms for the first time since the financial crisis. Investor appetite for retail... 9th February 2018 · 1 min read
Europe Commercial Property Chart Pack Investors cautious about periphery markets Investment across the euro-zone in Q3 reached a record for a third quarter, supported by increasing amounts of foreign capital. However, with the prime all-property yield falling by just 5bps, the... 23rd November 2017 · 1 min read
