Europe Commercial Property Update Spanish property values set to grow strongly in 2016 The loose monetary policy environment will help to underpin investor sentiment toward Spain in 2016, keeping property yields low despite an increasingly uncertain political backdrop. And with ample... 15th December 2015 · 1 min read
Europe Commercial Property Update Dublin industrial total returns set to overtake office and retail The outlook for Dublin industrial rental growth is supported by the fact that supply conditions are tighter than the 15% vacancy rate alone might suggest. And with ample scope for yield compression as... 10th December 2015 · 1 min read
Europe Commercial Property Update Evolving retail sector causing locational shift in Danish logistics The construction of modern logistics space along the E20 corridor, south-west of Copenhagen, is transforming the region into the destination of choice for occupiers. With demand growth set to remain... 8th December 2015 · 1 min read
Europe Commercial Property Update Can prime retail rental values continue to rise in the euro-zone? Euro-zone retail sales are likely to remain fairly weak in the next couple of years. However, due to structural changes in the retail sector, expansionary retailers will continue to compete to secure... 4th December 2015 · 1 min read
Europe Commercial Property Update Office rents in Switzerland have further to fall The latest data from Switzerland show that the removal of the euro exchange rate ceiling has taken its toll on the economy, and we expect that there is further weakness to come. Accordingly, even with... 2nd December 2015 · 1 min read
Europe Commercial Property Update Is the ECB right to be worried about commercial property pricing? The ECB has expressed concern at the high level of commercial property pricing. However, with alternative asset class yields set to stay low and the potential for further rental value growth, we think... 27th November 2015 · 1 min read
Europe Commercial Property Update What explains the slowdown in Spanish property investment? The impact of Spanish REITs on investment last year, and the growth of mergers and acquisitions this year, explain why headline figures appear to show a slowdown in Spanish property investment. Yet... 24th November 2015 · 1 min read
Europe Commercial Property Update Have Paris office rents finally turned a corner? The French economy is growing, but slowly, and employment growth will therefore not be particularly strong. However, with signs of a recovery in occupier activity and a tight CBD market, we expect... 13th November 2015 · 1 min read
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