Europe Commercial Property Update Rental growth in Warsaw and Krakow set to boost retail capital values Poland’s strengthening labour market and rising consumer confidence bode well for retail occupier demand in Krakow and Warsaw. And, with little new supply in the pipeline, the prospects for rental... 24th July 2014 · 1 min read
Europe Commercial Property Update What explains the weakness of Belgian and Italian investment? Belgium’s weak economic fundamentals mean it sits near the bottom of the rankings in terms of core euro-zone commercial property investment destinations. While Italy suffers from an even weaker... 22nd July 2014 · 1 min read
Europe Commercial Property Update A positive outlook for Dublin retail property The latest data showing that Dublin’s employment and housing market recovery are running ahead of the rest of Ireland bode well for retail occupier demand in the Irish capital. And, with tight supply... 17th July 2014 · 1 min read
Europe Commercial Property Update CEE logistics capital values look set to rise Recent data confirm that a slowdown in euro-zone export orders has led to slowing of industrial production growth in the CEE region. Nevertheless, with rental values yet to rebound from post-crisis... 14th July 2014 · 1 min read
Europe Commercial Property Update How has employment in the main German cities been faring? Over the past six years, office-based employment growth in Munich has outperformed the other major German cities. In contrast, job creation in Frankfurt has been below par. This helps to explain the... 10th July 2014 · 1 min read
Europe Commercial Property Update Will France’s large shopping centre pipeline put pressure on rents? France’s large shopping centre pipeline is consistent with the below average level of existing stock. Although it is unlikely to result in a supply overhang, given the weak retail demand fundamentals... 9th July 2014 · 1 min read
Europe Commercial Property Update Swiss office rental value correction may not be over Subdued take-up combined with speculative development mean that the short-term risks for rental values in Geneva and particularly Zurich lie to the downside. Nevertheless, with GDP set to grow... 3rd July 2014 · 1 min read
Europe Commercial Property Update Could improved transparency drive yield compression? Ireland, Portugal, Hungary and Romania all registered strong improvements in JLL’s 2014 Global RealEstate Transparency Index. As such, in these countries the scope for yields to narrow seems to... 2nd July 2014 · 1 min read
Europe Commercial Property Update Is Budapest retail property poised to take off? Temporary factors seem to be behind the recent strength of Hungarian retail sales growth, while the relatively high risk premium for Budapest retail yields seems merited. As such, over the next year... 27th June 2014 · 1 min read
Europe Commercial Property Update What is the outlook for Oslo retail rents? We expect household spending growth in Norway to be subdued by past standards as households grapple with exceptionally high levels of debt. Coupled with last year’s double-digit rental value increases... 25th June 2014 · 1 min read
Europe Commercial Property Update Lisbon office rental values will not see a Dublin-style rebound Based on historical patterns alone, it might seem that there is ample scope for a strong rebound in rental values in both Dublin and Lisbon. Yet once other economic factors are taken into account, the... 18th June 2014 · 1 min read
Europe Commercial Property Update Yield compression to boost Paris industrial property values Paris industrial occupier conditions continue to be challenging. Yet the increasing need for modern stock could still drive rental growth. And, with increased investor appetite for logistics exposure... 12th June 2014 · 1 min read
Europe Commercial Property Update Why hasn’t Bucharest property benefitted from Romania’s recovery? Last year’s fall in Bucharest capital values seems at odds with Romania’s strong economic growth. But it does appear consistent with the large degree of spare capacity generated by the prior economic... 11th June 2014 · 1 min read
Europe Commercial Property Update Germany's share of total property investment unlikely to fall this year Euro-zone occupier markets stand to benefit as economic growth becomes broader based across the region. Yet while property investment in most countries should increase as a result, over the next year... 5th June 2014 · 1 min read
Europe Commercial Property Update A slowdown in Turkish spending should keep a lid on retail rents Recent data suggest that the Turkish economy is in good health, and beginning to show signs of a welcome rebalancing. However, as a consequence, retail sales are starting to suffer from measures to... 30th May 2014 · 1 min read
Europe Commercial Property Update Low office and retail yields in Vienna justified for now A surge in Austrian property investment has helped to drive Vienna office and retail yields to record lows. These yields will not be sustainable once interest rates and bond yields normalise. But... 28th May 2014 · 1 min read
