Europe Commercial Property Update Prime rents in Istanbul have further to fall Prime rents in Istanbul have come under pressure from various headwinds recently. And with the prospect of further rises in vacancy, competition for tenants is likely to see rents move lower still. 22nd June 2017 · 1 min read
Europe Commercial Property Update Improved economic outlook in Finland emboldens investors The Finnish economy is benefitting from a cyclical recovery in the euro-zone and Russia. This is likely to attract more core capital to Helsinki, given its appealing yield and solid rental growth... 16th June 2017 · 1 min read
Europe Commercial Property Update Further headwinds for Swiss office rents A pick-up in the Swiss economy should improve demand for office space. However, the size of the development pipeline means that it could take longer than expected before prime office rents in Geneva... 13th June 2017 · 1 min read
Europe Commercial Property Update Strong pipeline to weigh on Bucharest office rents In recent years, strong occupier demand has helped prime office rents in Bucharest hold up in the face of a healthy development. But by end-2018, completions totalling 18% of existing stock are... 9th June 2017 · 1 min read
Europe Commercial Property Update What might the surge in new retail supply mean for Warsaw? Shopping centre development in Warsaw is picking up pace. While the city’s growing wealth and low vacancy rate mean that it can accommodate more retail floorspace, we have nudged down our rental... 8th June 2017 · 1 min read
Europe Commercial Property Update What is behind the stagnation in German retail rents? Prime German retail rents have stagnated recently, in spite of a healthy economic backdrop. In the absence of a pick-up in occupier demand, it is difficult to see strong rental growth in the years... 26th May 2017 · 1 min read
Europe Commercial Property Update Will strong demand continue to lift euro-zone office rents? Strong employment growth in the euro-zone augurs well for office occupier demand. Coupled with limited net additions, we think euro-zone prime office rents will move higher in the years ahead. 19th May 2017 · 1 min read
Europe Commercial Property Update Jump in Milan office rents unlikely to be sustained Prime office rents in Milan recorded their biggest quarterly gain since 2008 in Q1, with a lack of quality space a key driver. But with completions starting to rise, we don’t expect this to be... 4th May 2017 · 1 min read
Europe Commercial Property Update Investment rises, but concerns about pricing grow Investment activity in Mainland Europe started the year strongly and demand looks similarly robust so far in Q2. And as occupier fundamentals continue to strengthen, we expect valuations will become... 3rd May 2017 · 1 min read
Europe Commercial Property Update Vienna office capital values close to peaking A jump in the development pipeline means that the outlook for office rental growth in Vienna is now weaker than we previously thought. And with valuations starting to look a little stretched, we think... 27th April 2017 · 1 min read
Europe Commercial Property Update Prime Lisbon office rents set for a new upward phase With Portugal’s economy starting to recovery, we expect prime Lisbon office rents to begin a sustained shift higher, supported by rising occupier demand and a limited development pipeline. 25th April 2017 · 1 min read
Europe Commercial Property Update Improving economy bodes well for Moscow real estate With the Russian economy returning to growth, a gradual improvement in Moscow occupier markets should support a further recovery in investment volumes, pushing prime yields down. 21st April 2017 · 1 min read
Europe Commercial Property Update Have euro-zone property yields hit their floor? Our upwardly revised forecasts for 10-year euro-zone government bond yields imply a sharper rise in prime property yields towards the end of our five-year forecast horizon. That said, the stronger... 20th April 2017 · 1 min read
Europe Commercial Property Update Office conversions likely to fuel rental growth in Oslo Oslo’s house price boom is likely to indirectly support the office market, by driving a level of office-to-residential conversions that will almost equal the delivery of new office space in the next... 13th April 2017 · 1 min read
Europe Commercial Property Update Have German industrial yields fallen too far? German cities have seen some of the largest falls in industrial yields across Europe in recent years, pushing the spread over offices down to new lows. Given structural changes in the market, this... 12th April 2017 · 1 min read
Europe Commercial Property Update Prague office rental growth prospects revised upwards Upgrades to the outlook for employment in the Czech Republic for 2017 and 2018 mean that office vacancy rates will stay close to current lows, driving rental growth of 3.5% in 2017 and 1% in 2018. 7th April 2017 · 1 min read
