Europe Commercial Property Update Will the underperformance of French retail rental values last? Relatively low levels of sentiment among French consumers and retailers alike seems to have prevented the French retail market from undergoing as strong a rental recovery as in some other markets... 3rd March 2011 · 1 min read
Europe Commercial Property Update High vacancy rates will stunt euro-zone office rental value growth It now seems clear that prime rental values in most euro-zone office markets are either at a floor, or have entered a recovery phase. But with weak prospects for occupier demand and high vacancy rates... 24th February 2011 · 1 min read
Europe Commercial Property Update Hungarian and Romanian commercial property markets to lag behind The latest RICS global survey presents a more optimistic outlook for capital value growth in Hungary and Romania than our current forecasts imply. But we think that surveyors may be overstating the... 21st February 2011 · 1 min read
Europe Commercial Property Update Q4 2010 RICS global survey: too gloomy on the Netherlands? There are certainly some reasons to suggest that the prospects for rental value and capital value growth in the Netherlands are weaker than in most euro-zone markets. However, we think that latest... 15th February 2011 · 1 min read
Europe Commercial Property Update Spanish industrial rental downturn has further to run The latest macro indicators for Spain paint a weak picture of industrial occupier demand. Unfortunately, our view that the economy will tip back into recession this year suggests that high levels of... 7th February 2011 · 1 min read
Europe Commercial Property Update Emerging European office rental value growth prospects mixed Over the next few years, office markets in Warsaw, Moscow and Istanbul look set to continue outperforming other Emerging European capitals. Indeed, brighter GDP and employment growth prospects suggest... 3rd February 2011 · 1 min read
Europe Commercial Property Update Frankfurt to lead Germany's office rental recovery The relative importance of the banking and financial services industries to the Frankfurt office market could mean that occupier demand will recover faster here than elsewhere in Germany. Meanwhile... 31st January 2011 · 1 min read
Europe Commercial Property Update Is German retail property really Europe's best bet? Survey evidence suggests that German commercial property, retail in particular, is now at the top of cross-border investors’ target lists, while the UK has slid down the rankings. This shift in... 27th January 2011 · 1 min read
Europe Commercial Property Update Is German retail property really Europe's best bet? Survey evidence suggests that German commercial property, retail in particular, is now at the top of cross-border investors’ target lists, while the UK has slid down the rankings. This shift in... 27th January 2011 · 1 min read
Europe Commercial Property Update Outlook is bright for Helsinki industrial rental values Finland’s strong external trade links should mean that industrial occupier demand in Helsinki holds up better than many other euro-zone cities over the next couple of years. And given that industrial... 13th January 2011 · 1 min read
Europe Commercial Property Update Property yields in Warsaw to remain lower than in Prague The relative strength of the Polish economy compared to the Czech Republic during the global economic downturn has helped to push commercial property yields in Warsaw below those in Prague. Given our... 12th January 2011 · 1 min read
Europe Commercial Property Update Hungarian risk factors on the rise The recovery in Hungary may have a less solid base than some of the recent news flow might suggest. In any event, the positive economic news needs to be offset against the growing political risks and... 7th January 2011 · 1 min read
Europe Commercial Property Update Has Swedish industrial yield outperformance run its course? The relative strength of Swedish economic growth in 2010 has helped to push industrial property yields in Stockholm below those in Copenhagen. Although almost unprecedented, with the Swedish economy... 5th January 2011 · 1 min read
Europe Commercial Property Update Is there any value left in European commercial property markets? A comparison of prime commercial property yields to estimates of their fair value levels presents a mixed picture. While a few seem overvalued, and a few more fairly valued, many still look quite... 17th December 2010 · 1 min read
Europe Commercial Property Update Why have industrial rental values in Rome been so badly hit? Their high starting point, a large development pipeline and a greater sensitivity to developments in the domestic economy all help to explain the relatively large falls in industrial rental values in... 14th December 2010 · 1 min read
Europe Commercial Property Update Does the ruble pose a threat to the Russian retail rental recovery? Retail rental values in Emerging Europe are sensitive to currency fluctuations. Indeed, the weakness of the Romanian leu may help to explain why retail rents in Bucharest have been so weak this year... 9th December 2010 · 1 min read
