Europe Commercial Property Update Prague industrial rents to keep growing this year Following stronger than expected Q1 data, we have revised up our rental forecast for 2021. And Prague’s low costs and constrained supply means that we think rental growth has further to go this year. 6th May 2021 · 3 mins read
Europe Commercial Property In which cities will WFH have a larger impact? More working from home will inevitably change cities as we know them. However, cities are more than just workers. This means that cities where a higher share of jobs can be done remotely are not... 5th May 2021 · 4 mins read
Europe Commercial Property Update Stockholm prime offices on track to outperform Recent developments add weight to our view that Stockholm office values will rise by more than most other western European markets over the 2021-25 period. However, even in Stockholm, these gains will... 29th April 2021 · 3 mins read
Europe Commercial Property Update Vienna office rental growth on hold until 2022 The poor near-term economic backdrop means that occupier activity will remain weak this year. But we think that the tightness in supply will prevent office rents from falling and support rental growth... 28th April 2021 · 3 mins read
Europe Commercial Property Update Antwerp retail to extend lead over Brussels With retailers in Belgium set to remain under pressure due to shifts in spending, we think that prime high street rents will extend their falls this year. And with e-commerce remaining a dark cloud... 21st April 2021 · 3 mins read
Europe Commercial Property Update Rents in German industrial markets to be kept in check The expected rebound in economic activity in H2, continued growth in online sales and constrained supply outlook should allow prime industrial rents in the main four markets to return to growth by the... 20th April 2021 · 3 mins read
Europe Commercial Property Update Supply surge to extend Dublin offices’ unlucky streak Initial demand indicators support our view of further falls in Dublin office rents this year. And with construction on hold, spill overs from delayed completions could threaten the rental recovery. 14th April 2021 · 3 mins read
Europe Commercial Property Update Office vacancy in Copenhagen close to its peak The faster-than-expected timetable to ease virus restrictions, limited supply pipeline in central areas and confirmation that home working has not increased significantly from its pre-virus levels... 13th April 2021 · 3 mins read
Europe Commercial Property Update Where is there scope for conversions to residential? Few office or retail markets currently look economically viable for residential conversions. However, expected falls in values, particularly for retail, and acute housing shortages suggest that there... 9th April 2021 · 3 mins read
Europe Commercial Property Update Budapest retail set to outperform CEE after 2021 After declining in 2021, we think that favourable supply conditions and a rebound in consumer spending will support a recovery in Budapest retail rents into next year. And while the sharp increase in... 8th April 2021 · 3 mins read
Europe Commercial Property Update Cross-border capital recovery to prove slow in 2021 Travel restrictions will hold back cross-border capital flows until at least H2. And given that we expect extra-European capital to return particularly slowly, total investment is set to recover... 1st April 2021 · 3 mins read
Europe Commercial Property Update Southern European underperformance to continue Despite a more supportive outlook for property valuations, we think that weaker rental prospects will result in southern European property markets continuing to underperform into 2022. 30th March 2021 · 3 mins read
Europe Commercial Property Are data centres a viable alternative? Thanks to changing consumption patterns and structural and cyclical knocks to the traditional property sectors, both occupier and investor demand for data centres set new records last year. But, while... 19th March 2021 · 3 mins read
Europe Commercial Property Update Bond yield rise won’t cause property yields to spike Recent rises in government bond yields do not change our view that office and industrial yields will edge down a bit further in the next year or two. In fact, we don’t expect broad-based upward... 2nd March 2021 · 3 mins read
Europe Commercial Property Update The long view of property In light of our latest long-term economic and financial market forecasts, we have revisited our views for commercial property performance over the next three decades. We think that average returns... 1st March 2021 · 3 mins read
Europe Commercial Property Update Temporary halt to Amsterdam office rental growth Following the decline in 2020, we think prime office rents in Amsterdam will hold steady this year. But rental growth should pick up thereafter, supported by continued growth in the information and... 17th February 2021 · 3 mins read
