Europe Commercial Property Update Are investors right to look past Spanish property? Investor appetite for commercial property in Spain appears to be fading. But with valuations still some way from looking stretched, and a positive outlook for rents, we believe that prime property... 5th April 2017 · 1 min read
Europe Commercial Property Update Helsinki valuations still stack up despite yield falls Strong investor demand for core stock is pushing prime yields in Finland close to overvalued territory on our valuation measure. However, we think that industrial yields can fall into this value... 30th March 2017 · 1 min read
Europe Commercial Property Update Could office vacancy in German cities be about to diverge? With limited development pipelines, office markets in Frankfurt and Hamburg look set to tighten further over the next three years. However, rising completions in Berlin could see vacancy start to rise... 29th March 2017 · 1 min read
Europe Commercial Property Update Brussels offices offer solid returns for core investors We expect Brussels office rents to climb slowly over the next five years. But even if this proves too tall an order, we think the city’s high initial yield should make it attractive for prospective... 24th March 2017 · 1 min read
Europe Commercial Property Update Slow office rental growth in Milan set to continue The Italian economy has started the year on a strong footing. But GDP and employment growth are expected to slow this year. Combined with a rise in completions, that will act as a brake on the pace of... 23rd March 2017 · 1 min read
Europe Commercial Property Update Investor intentions show overall demand staying strong The findings of CBRE’s Investor Intentions Survey support some of the key themes and key calls that we have highlighted for 2017 in European real estate markets. 17th March 2017 · 1 min read
Europe Commercial Property Update Regional France retail rental growth to slow from 2018 Weaker real wage growth in France will cause consumer spending growth to slow over the next couple of years. This will lead to softer demand for prime high street units in the French regional cities... 15th March 2017 · 1 min read
Europe Commercial Property Update A positive outlook for Copenhagen retail rents The sharp rise in prime Copenhagen retail rents is difficult to square with national consumer sector trends. But it does seem to reflect Copenhagen’s relatively strong housing recovery and a decent... 10th March 2017 · 1 min read
Europe Commercial Property Update Developers Hungary for returns will dampen Budapest rental growth Higher Budapest office capital values mean that new development is increasingly viable, with developers now in-line to make healthy profits. But, higher levels of supply will cause rents to flatline... 8th March 2017 · 1 min read
Europe Commercial Property Update Are Stockholm CBD offices still a good pick? Robust economic growth and a limited supply pipeline will see Stockholm prime office rents record further gains on top of 2016’s surge. And although a hawkish turn from the Riksbank later in the year... 3rd March 2017 · 1 min read
Europe Commercial Property Update Rise in Dublin industrial rents not finished yet Strong demand resulting from Ireland’s economic recovery combined with limited supply has pushed prime industrial rents in Dublin up by 45% since 2013. Even so, with these tailwinds set to continue... 15th February 2017 · 1 min read
Europe Commercial Property Update Paris offices rental growth to disappoint in 2017 An increase in the Paris development pipeline for 2017 means that our previous forecast for office rents this year is now unlikely to be met. Instead, we now expect prime rents to grow by just 1.5%... 1st February 2017 · 1 min read
Europe Commercial Property Update Growth in prime Spanish office rents to slow further A slowdown in Spanish economic activity and rising office developments are set to weigh on prime office rental growth in Barcelona and Madrid over the coming years. Nonetheless, growth in both cities... 30th January 2017 · 1 min read
Europe Commercial Property Update Appetite for mainland European property remains strong Commercial property investment across Europe fell last year for the first time since 2009, driven by a large decline in the UK. Yet increased investment in Europe ex-UK and upbeat investor sentiment... 26th January 2017 · 1 min read
Europe Commercial Property Update Capital raising down in 2016, but far from out On the surface, lower levels of fund-raising in 2016 hint at concerns about pricing at this stage of the cycle. However, in light of tough competition for prime assets and a heightened perception of... 24th January 2017 · 1 min read
Europe Commercial Property Update Are the risks to Southern European property on the rise? Political and economic uncertainty this year could drive increased volatility in sovereign bond yields in Southern Europe. But in the absence of a sharp and sustained shift higher, we think prime... 18th January 2017 · 1 min read
