Non-Euro Europe Commercial Property Outlook Scandinavia and Switzerland look late-cycle The cycle in Scandinavia and Switzerland is showing signs of turning, with investment activity down compared to 2017 and 2016. The prospects are brighter in Emerging Europe, where yields are likely to... 8th June 2018 · 1 min read
Non-Euro Europe Commercial Property Outlook Total returns set to slow throughout the region Property yield falls will be limited in Scandinavia this year as the region’s markets are looking increasingly late-cycle. The prospects are somewhat brighter in Emerging Europe, where yields can... 20th March 2018 · 1 min read
Non-Euro Europe Commercial Property Outlook 2018 to be the last year of yield falls Solid economic growth prospects in most of Europe bode well for occupier demand and prime rents in the next few years. However, better growth is likely to be a double-edged sword for commercial... 15th December 2017 · 1 min read
Non-Euro Europe Commercial Property Outlook Capital values still climbing this year and next The prospects for European prime property are still positive for the remainder of 2017 and 2018. However, we think that the gradual creep upwards of government bond yields will eventually cause a re... 11th September 2017 · 1 min read
Non-Euro Europe Commercial Property Outlook Short-term prospects improve, but clouds gathering In the last few months, economic growth prospects have improved across Europe, boding well for rental growth and pointing to sharper falls in property yields in the next 12-18 months. But the improved... 2nd June 2017 · 1 min read
Non-Euro Europe Commercial Property Outlook Total returns prospects still strong across the region Concerns about higher inflation and potential rises in interest rates have seen bond yields rise in the last few months. Nevertheless, we think the outlook for bond yields and therefore, property... 27th February 2017 · 1 min read
Non-Euro Europe Commercial Property Outlook CEE yields to fall faster and for longer As in the euro-zone, monetary policy is set to stay loose in the rest of Europe keeping real estate attractive. That said, the current phase of falling yields is set to end in 2019 in Western European... 2nd December 2016 · 1 min read
Non-Euro Europe Commercial Property Outlook Softer rental growth outlook will be offset by further yield compression In the wake of the UK’s vote to leave the EU, central banks have signalled a looser monetary policy stance ahead. Nevertheless, we expect economic growth to be weaker, which has led us to reduce our... 9th September 2016 · 1 min read
Non-Euro Europe Commercial Property Outlook Prime yields still some way from their floor In the absence of particularly enticing prospects for alternative asset classes, demand for prime commercial property will be strong for at least the next two to three years. This has meant that we... 7th June 2016 · 1 min read
Non-Euro Europe Commercial Property Outlook Capital value growth to slow Capital value growth is likely to have peaked in 2015, but further falls in yields and steady rental value growth will keep capital values rising in 2016 and 2017. Yet, there will be country and city... 4th March 2016 · 1 min read
Non-Euro Europe Commercial Property Outlook Yield compression to slow in 2016 Since our last Analyst, the greatest change has been to our yield forecasts, which are now expected to decline further than previously expected in the next couple of years. We also envisage them... 23rd November 2015 · 1 min read
Non-Euro Europe Commercial Property Outlook Increasingly divergent outlook The Emerging European markets are beginning to diverge, with strong economic growth expected to support high levels of occupier activity in Poland, the Czech Republic and Romania, but Russia and... 28th August 2015 · 1 min read
Non-Euro Europe Commercial Property Outlook Solid outlook for returns despite a handful of downgrades The non-euro-zone economies and property markets have generally started the year positively. We expect further improvement in GDP growth in most countries to support expansionary occupier demand, with... 4th June 2015 · 1 min read
Non-Euro Europe Commercial Property Outlook Capital values set to rise throughout the next five years With monetary policy being loosened across Europe, we expect bond yields to hover close to their current levels. This will continue to drive investors into higher-yielding asset classes, such as real... 6th March 2015 · 1 min read
Non-Euro Europe Commercial Property Outlook Prime yields to fall for another three years The stance of monetary policy is likely to stay exceptionally loose for the foreseeable future. And coupled with low inflation, we expect bond yields to stay lower for longer. Therefore, it seems... 8th December 2014 · 1 min read
Non-Euro Europe Commercial Property Outlook Hunt for yield will drive investors east Over the first half of the year, capital values in the Emerging European commercial property markets were little changed, while values in non-euro-zone Western markets edged a little higher. Over the... 3rd September 2014 · 1 min read
