Europe Commercial Property Update Little sign that euro-zone property cycles are close to their peak The latest RICS Global Commercial Property Survey shows that around 70% of respondents believe that property in Germany and France is expensive. Yet while German capital values in particular have... 10th November 2015 · 1 min read
Europe Commercial Property Update German office rental values set for further gains Across the main German cities unemployment rates are close to their lowest levels in decades. Office rents do not look particularly high, office employment is growing, occupier demand is expanding and... 29th October 2015 · 1 min read
Europe Commercial Property Update Should we be more positive on prime retail rental growth in France? French consumer spending growth is set to gradually improve in the next few years. This will support better rates of retail sales and occupier demand growth than previously anticipated, leading us to... 27th October 2015 · 1 min read
Europe Commercial Property Update Cities to see stronger population growth than Germany as a whole 19th October 2015 · 1 min read
Europe Commercial Property Update Will new office development depress rental growth in Poland? The Polish regional cities are seeing strong demand from the BPO/SSC sectors. But the office space development pipeline has responded equally robustly. Therefore, although demand growth is set to... 13th October 2015 · 1 min read
Europe Commercial Property Update Foreign demand for Nordic assets buoyed by weak currencies Nordic investment activity has already surpassed 2014 levels as exchange rate weakness in the region has created improved perceived value for foreign investors. We expect foreign buyers to account for... 12th October 2015 · 1 min read
Europe Commercial Property Update What do competitiveness rankings tell us about property pricing? There is a decent correlation between economic competitiveness and property pricing across Europe. Yet while some markets look mispriced based on this comparison, that’s partly explained by the fact... 5th October 2015 · 1 min read
Europe Commercial Property Update Is rising supply a threat to Central European industrial rental values? Buoyed by strong economic conditions, industrial occupiers in Central Europe are expanding, leading to falling vacancy and rising rents. However, supply is responding. We expect this to curb rental... 1st October 2015 · 1 min read
Europe Commercial Property Update What effect could the Volkswagen scandal have on European property? The cross-border nature of automotive supply chains means that it is not just Germany that may be affected by the Volkswagen scandal. The Czech Republic also looks exposed. While automotive related... 28th September 2015 · 1 min read
Europe Commercial Property Update Portuguese election concerns unlikely to dampen retail prospects Political factors pose less risk to the economic outlook in Portugal than in Spain. Nevertheless, the underlying economic outlook for Portugal is weaker, which will weigh on occupier demand in Lisbon... 24th September 2015 · 1 min read
Europe Commercial Property Update Copenhagen retail rents buoyed by the tourist dollar The combination of strong growth in tourism and rapid population growth has driven up retail rental values in the Danish capital. We believe these factors will support further strong demand for prime... 23rd September 2015 · 1 min read
Europe Commercial Property Update Should property investors be worried about the elections in Spain? Both the regional election in Catalonia later this month, and the general election in December, represent a risk for property investors in Spain. Yet there are a number of reasons to believe that the... 17th September 2015 · 1 min read
Europe Commercial Property Update Office employment growth points to further rental value gains The latest euro-zone labour market data show that office jobs are a key driver of overall employment growth in most member states. Moreover, even where office employment is relatively subdued, limited... 15th September 2015 · 1 min read
Europe Commercial Property Update Is it too late to invest in Amsterdam offices? Improving prospects for occupier demand and low vacancy in the Zuidas submarket mean the outlook for prime Amsterdam offices has strengthened. If our forecasts prove correct, total returns in the 2016... 9th September 2015 · 1 min read
Europe Commercial Property Update Weakening demand coincides with office supply boom in Istanbul Weakening demand growth, an influx of new supply and the sharply depreciating lira are all set to have a negative impact on the office occupier market in Istanbul over the coming years. As such, the... 8th September 2015 · 1 min read
Europe Commercial Property Update Should investors be concerned about recent financial market volatility? We do not believe that the recent turbulence in financial markets heralds a major global slowdown that would push the recovery in European property markets into reverse. Moreover, it has not changed... 4th September 2015 · 1 min read