Europe Commercial Property Update Which sector offers the best short-term rental prospects? Recovering economic growth in the euro-zone will support a revival in occupier demand. But, whilst elevated availability will limit rental growth in the office and industrial sectors, the relative... 16th June 2015 · 1 min read
Europe Commercial Property Update Oil sector slowdown means Oslo office rental growth will disappoint There are now concrete signs that the slowdown in the Norwegian oil industry is beginning to feed through to the wider economy. As a result, we expect the upwards trend in Oslo office market rents to... 12th June 2015 · 1 min read
Europe Commercial Property Update Euro-zone office rental values set to grow at strongest rate since 2008 The boost to euro-zone office rents stemming from a pick up in economic growth and employment over the next year or so will be partially offset by high vacancy rates. Nevertheless, the fact that... 8th June 2015 · 1 min read
Europe Commercial Property Update Non-European investors will continue to determine pricing dynamics Non-Europeans are playing an increasingly important role in driving property investment volumes in Europe. The weaker euro and reports that non-Europeans tend to have lower target returns suggests... 28th May 2015 · 1 min read
Europe Commercial Property Update Office rents in Prague and Warsaw to buck the positive trend in 2015 The Czech and Polish economies are motoring along nicely. However, the latest IPF Consensus Survey shows that our view, that solid demand fundamentals will be swamped by excess supply, causing rents... 27th May 2015 · 1 min read
Europe Commercial Property Update Divergence between capital and rental values set to widen Despite euro-zone all-property rents recording their strongest rise since 2007, it’s too soon to say that rental values have finally lifted off. Rather, with economic and employment growth set to... 18th May 2015 · 1 min read
Europe Commercial Property Update Hungarian property capital values ready for lift-off The Hungarian economy stands to see above-trend growth rates in the coming years, supporting occupier demand. With the prospects for rental values turning positive, yields look cheap on a historical... 13th May 2015 · 1 min read
Europe Commercial Property Update Euro-zone office rental values to show further steady growth Amidst a slowly improving economic backdrop, prime euro-zone office rents have risen in recent quarters. We expect further gradual increases in occupier demand, coupled with constrained supply, to... 8th May 2015 · 1 min read
Europe Commercial Property Update Zurich and Geneva office rental values set for further falls The negative effects of the Swiss franc appreciation on economic growth and employment suggest that the recent stabilisation of Geneva and Zurich office rents is unlikely to last. Rather, with vacancy... 7th May 2015 · 1 min read
Europe Commercial Property Update Increased sentiment set to support further property investment growth Commercial property investment recorded another strong performance in Q1. In annual terms, impressive rises in Belgium, Italy and Spain offset declines in a number of other markets. Encouragingly, the... 29th April 2015 · 1 min read
Europe Commercial Property Update Stockholm offices capital growth to reach double figures this year Stockholm offices are forecast to produce solid rent rises in 2015. Coupled with prime yields falling to 4%, this will drive double-digit capital growth this year. 28th April 2015 · 1 min read
Europe Commercial Property Update Is Danish industrial still the best opportunity in the Nordic region? Better economic growth prospects in Denmark mean the outlook for the industrial market has turned positive. However, yields remain elevated relative to both the office sector and the other Nordic... 22nd April 2015 · 1 min read
Europe Commercial Property Update Low vacancy rates set to support office rental growth in Germany Vacancy rates across Germany have edged lower over the past year. Consistent with that, rental values have also been moving up. Given that vacancy rates are now generally below their pre-crisis... 21st April 2015 · 1 min read
Europe Commercial Property Update Improving consumer fundamentals positive for CE retail property The nascent recovery in consumer spending in Central Europe is expected to strengthen. Retail property in the region will benefit from improving occupier demand, although we expect the prime end of... 16th April 2015 · 1 min read
Europe Commercial Property Update Will an Italian economic recovery boost commercial property in 2015? Despite recent positive economic data, the Italian economy is unlikely to rebound strongly this year. Nevertheless, a loosening of credit standards and the fact that real estate loans are now being... 15th April 2015 · 1 min read
Europe Commercial Property Update German logistics capital value growth unlikely to outperform Despite decent prospects for German industrial output, logistics capital value growth seems unlikely to outperform the office and retail sectors, or logistics property in other countries. That’s... 9th April 2015 · 1 min read
