Europe Commercial Property Update Expectations for European property rental values remain downbeat The latest RICS global property survey points to some signs of life in European commercial property occupier markets. Unfortunately, however, rising tenant demand does not appear to be offsetting new... 4th November 2010 · 1 min read
Europe Commercial Property Update German capital values are likely to rise in the near term One of the most striking aspects of Q3’s RICS global property survey was the marked improvement in surveyors’ expectations for German capital values. We find it hard to take issue with the new, more... 3rd November 2010 · 1 min read
Europe Commercial Property Update European commercial property investment volumes unlikely to take-off The recovery in European investment volumes appears to have reached a plateau. Unfortunately, yesterday’s ECB Bank Lending Survey, which showed a further net tightening of credit standards to firms... 29th October 2010 · 1 min read
Europe Commercial Property Update European commercial property investment volumes unlikely to take-off The recovery in European investment volumes appears to have reached a plateau. Unfortunately, yesterday’s ECB Bank Lending Survey, which showed a further net tightening of credit standards to firms... 29th October 2010 · 1 min read
Europe Commercial Property Update Czech occupier demand still under pressure October’s fall in economic sentiment in the Czech Republic suggests that a recovery in occupier demand for commercial property is not yet imminent. Indeed, rental value prospects for office, retail or... 25th October 2010 · 1 min read
Europe Commercial Property Update Is Paris' office rental recovery running out of steam? We suspect that Q3’s halt to Paris’ prime office rental recovery is a temporary blip on a generally upward trend. Indeed, although service sector sentiment has remained broadly flat for the past few... 21st October 2010 · 1 min read
Europe Commercial Property Update Falls in Dutch retail yields are starting to fizzle out Q3’s sharp slowdown in the pace of Dutch retail yield falls supports our view that there is little value left in the market. Although sound public finances and a solid labour market are positive... 20th October 2010 · 1 min read
Europe Commercial Property Update Polish commercial property still offers good value, for now The relatively attractive pricing of the Polish commercial property market compared to markets in the West appears to have driven a surge in investment market activity. Looking ahead, we think that... 13th October 2010 · 1 min read
Europe Commercial Property Update Ireland's property market is a long way from recovery Yesterday’s disappointing Q2 Irish GDP figures support our view that the economy will stagnate at best over this year and next. Although commercial property prices have already fallen by more than 70%... 24th September 2010 · 1 min read
Europe Commercial Property Update CEE retail rental values are unlikely to recovery anytime soon Within Central & Eastern Europe, there have been some signs of a recovery in occupier demand, most notably in Poland. However, despite supply pipelines having been drastically reduced across the... 23rd September 2010 · 1 min read
Europe Commercial Property Update Will a lack of supply drive a recovery in European office rental values? A shortage of supply in the Central London office market is likely to drive relatively strong rental growth this year and next. In Europe, however, although office development pipelines have also been... 16th September 2010 · 1 min read
Europe Commercial Property Update Further falls in euro-zone industrial rental values are likely The fact that the euro-zone industrial recovery appears to be losing momentum does not bode well for industrial occupier demand or rental values across the region. As such, our forecasts that falls in... 14th September 2010 · 1 min read
Europe Commercial Property Update Prague vs. Warsaw: where are office market prospects brightest? The outlook for office occupier demand looks to be considerably stronger in Warsaw than in Prague. What’s more, completion volumes in Warsaw are finally beginning to slow, suggesting that the vacancy... 9th September 2010 · 1 min read
Europe Commercial Property Update Interest rate rises unlikely to dampen Swedish property recovery The latest rise in Swedish interest rates may raise concerns that the nascent commercial property market recovery could slow. But that seems unlikely. For one thing, interest rates are still very low... 8th September 2010 · 1 min read
Europe Commercial Property Update Has the Spanish retail property market outlook improved? The increase in Spanish household spending in the first half of 2010 suggests that the outlook for Spanish retail property may be improving. However, we remain cautious. Among other things, with one... 3rd September 2010 · 1 min read
Europe Commercial Property Update Time to be more positive on German retail property? Recent economic data suggest that the export-led recovery in Germany is spreading to domestic demand. However, there are reasons to remain cautious and our view remains that the scope for the German... 1st September 2010 · 1 min read
