Non-Euro Europe Commercial Property Outlook Emerging Europe: Less than stellar recovery in values Following a year marked with sharp falls in retail rents and rising retail and office yields, the next few months for property values will continue to be dismal. We have pencilled in another drop in... 26th March 2021 · 19 mins read
Non-Euro Europe Commercial Property Outlook Scandi & Swiss: No rise in all-property values in 2021 The Swiss and Scandinavian economies and their property markets are likely to weather the pandemic better than many others in Western Europe. We expect all-property values in the region to hold steady... 25th March 2021 · 18 mins read
Non-Euro Europe Commercial Property Outlook Emerging Europe: Not out of the woods yet While vaccine developments have improved the economic outlook for the latter half of next year, the near-term weakness in economic activity means that property values will remain under pressure over... 18th December 2020 · 19 mins read
Non-Euro Europe Commercial Property Outlook Scandi & Swiss: Property recovery to prove gradual The positive news on the vaccine has improved the economic outlook and should allow output in the Swiss and Scandinavian economies to recover to their pre-virus levels in late 2021. This will support... 17th December 2020 · 18 mins read
Non-Euro Europe Commercial Property Outlook Scandi & Swiss: Virus seals dominance of industrials Investment activity and rents have felt the impact of the virus, with the retail sector bearing the brunt. Indeed, after falling by around 2% this year, we think that Scandinavian retail rents will... 28th September 2020 · 18 mins read
Non-Euro Europe Commercial Property Outlook Emerging Europe: The tables turn on retail While economic growth is expected to continue to recover over the second half of the year, albeit at a slower pace than initially post-lockdown, it won’t be the end of falls in Emerging European... 25th September 2020 · 19 mins read
Non-Euro Europe Commercial Property Outlook Emerging Europe: CEE retail shines in weak recovery While property values have so far been slow in responding to the virus-related fallout, economic indicators suggest that occupier demand took a hit in Q2. As a result, we think that it is only a... 26th June 2020 · 19 mins read
Non-Euro Europe Commercial Property Outlook Scandi & Swiss: Yield rises to reverse, except for retail The sharp reduction in economic activity over the first half of the year and prolonged uncertainty have negatively impacted investment activity and occupier demand. We expect this will flow through to... 26th June 2020 · 18 mins read
Non-Euro Europe Commercial Property Outlook Scandi & Swiss: COVID-19 to drive a plunge in values Given the uncertainty surrounding the impact of COVID-19 on the economy, the hit to real estate markets is still uncertain. The drop in economic output expected in the first half of this year, along... 27th March 2020 · 19 mins read
Non-Euro Europe Commercial Property Outlook Emerging Europe: Values to drop as risk aversion rises The fast-moving pace of developments means that the impact of COVID-19 on Emerging European real estate is highly uncertain. We expect the sharp decline in economic activity and deterioration in... 27th March 2020 · 18 mins read
Non-Euro Europe Commercial Property Outlook Weaker outlook for occupier demand A weaker outlook for bond yields in Scandinavia and Switzerland means that falls in office and industrial yields are likely to extend into 2021. However, with rental prospects weak and yields rising... 13th December 2019 · 33 mins read
Non-Euro Europe Commercial Property Outlook Retail yields facing an uptick Our new forecasts reflect Scandinavian prime office yields falling in 2020 and into 2021, on the back of our lower bond yield profile. But retail property in the region faces slight yield rises as... 20th September 2019 · 35 mins read
Non-Euro Europe Commercial Property Outlook Improved valuations will support further yield falls The poor performance of retail is the main story in Scandinavian and Swiss markets, contrasting with solid industrial and office returns. In emerging Europe, the retail sector is expected to do better... 21st June 2019 · 1 min read
Non-Euro Europe Commercial Property Outlook Scandi retail to tread water; full steam ahead in CEE In Scandinavia and Switzerland, retail will be the clear loser over the next few years, whereas Scandinavian office and industrial markets are set to outperform, led by Stockholm. In emerging Europe... 29th March 2019 · 1 min read
Non-Euro Europe Commercial Property Outlook Softness in bond markets pushes back yield rises Scandinavian property yields are now set to mark time in 2019 before rising from 2020, despite slowing rental growth. Copenhagen industrial is our top pick for the region. Total returns will be higher... 20th December 2018 · 1 min read
Non-Euro Europe Commercial Property Outlook Structural changes favour the industrial sector Rates of rental and capital value growth are set to slow in Scandinavia and Switzerland, but Copenhagen industrial property still looks attractive. Total returns will be higher in Emerging Europe... 7th September 2018 · 1 min read
