Europe Commercial Property Update Property is the victim not the villain this time Property has generally been at the centre of the most severe economic downturns in recent decades. But this time it is different. Although we think the commercial market is likely to experience a... 26th March 2020 · 5 mins read
Europe Commercial Property Update Helsinki offices to outperform Further falls in yields coupled with robust, albeit slowing, rental growth point to Helsinki offices outperforming the rest of the euro-zone and its Nordic peers for total returns. 11th March 2020 · 3 mins read
Europe Commercial Property Update What does COVID-19 mean for commercial real estate? The recent market meltdown reflects concerns about the economic impact of the COVID-19 virus. This will inevitably hit commercial property, but in our view, the downside is likely to be relatively... 6th March 2020 · 5 mins read
Europe Commercial Property Update Good times won’t last for Milan prime offices The recent strength of Milan office take-up has not prevented rental growth slowing and isn’t likely to be sustained in 2020. Indeed, we expect a slowdown in employment growth to weigh on occupier... 2nd March 2020 · 3 mins read
Europe Commercial Property Update Prague offices to still outperform CEE Despite softer occupier activity and an increasing pipeline of supply, we think that demand will be strong enough to prop up office rental growth over the next two years. That said, given that we now... 18th February 2020 · 3 mins read
Europe Commercial Property Update German office rents to hold up despite boost to supply Softer office occupier demand is expected to weigh on German prime office rents this year. But we still think that rents can grow at a decent pace because, even though office supply is expected to... 14th February 2020 · 3 mins read
Europe Commercial Property Update Any boost to Dublin industrial rents will be temporary Indicators suggest that Irish industrial rental growth will remain healthy in Q1. However, as economic growth slows and uncertainty about the UK’s future relationship with the EU continues to impact... 13th February 2020 · 3 mins read
Europe Commercial Property Update Euro-zone property investment to hold up in 2020 The latest data revealed that commercial property investment in the euro-zone held steady at a record high level. And with favourable relative pricing and capital readily available, we think that... 6th February 2020 · 2 mins read
UK Commercial Property Update How might coronavirus impact European high streets? A reduction in Chinese tourism as a result of the coronavirus will lead to lower spending on prime high streets, particularly in Rome, Paris and London. If tourism reduces on a global scale, the... 4th February 2020 · 3 mins read
Europe Commercial Property Update How might coronavirus impact European high streets? A reduction in Chinese tourism as a result of the coronavirus will lead to lower spending on prime high streets, particularly in Rome, Paris and London. If tourism reduces on a global scale, the... 4th February 2020 · 3 mins read
Europe Commercial Property Update Euro-zone property yield falls to continue We still think that the ECB will loosen policy this year, albeit by a little less than we had previously pencilled in. But with interest rates and bond yields still set to remain at historic lows... 31st January 2020 · 3 mins read
Europe Commercial Property Update Solid domestic demand won’t help Budapest retail rents Although economic growth in Budapest is expected to remain robust this year, weakness in tourism is likely to weigh on prime retail rental values. However, improving global growth should support... 28th January 2020 · 3 mins read
Europe Commercial Property Update Softer employment growth to drag on occupier activity After holding up despite the slowdown in economic activity, we expect jobs growth in office-based sectors to lose momentum over the next two years, weighing on occupier demand. This underpins our... 22nd January 2020 · 3 mins read
Europe Commercial Property Update Signs of growing preference for European real estate Although the share of global capital raised by European-focused funds has reduced in the last couple of years, there are indications that investors are starting to view real estate in Europe as... 20th January 2020 · 3 mins read
Europe Commercial Property Update Weakness to spread across Nordic retail sector As the slowdown in household spending and the growth in e-commerce weighs on prime retail rents, we think that rents will fall in all Nordic cities this year. 15th January 2020 · 3 mins read
