Nordic & Swiss Data Response Norwegian GDP (Q2 11) Q2’s GDP figures showed that the Norwegian economy expanded at a steady pace and added to evidence that it is less likely to suffer from a “double dip” than some of its European counterparts. Looking... 23rd August 2011 · 1 min read
Europe Economic Outlook Crisis deepens as slowdown spreads to the core The latest rescue package for Greece has reduced the threat of a near-term catastrophe in the eurozone.But it does not address the fundamental problems facing Greece itself and is unlikely to bring an... 27th July 2011 · 1 min read
Europe Commercial Property Update Nordic investment market attractive, but difficult to enter The strength of the Norwegian and Swedish economies is consistent with reports that investment demand for commercial property in the Nordics among international funds is on the up. However, high... 30th June 2011 · 1 min read
Europe Commercial Property Update Danish investment market to continue lagging Scandinavian recovery Given the weaker prospects for economic and rental growth in Denmark relative to Norway and Sweden, as well as the fact that commercial property in Copenhagen looks fairly pricey, the Danish property... 16th March 2011 · 1 min read
Europe Data Response Norwegian GDP (Q4) Q4’s GDP figures show that the Norwegian economy continued to expand at a steady pace. This, together with the fact that inflation is still a little below the Norges Bank’s target and the strong krone... 16th February 2011 · 1 min read
Europe Data Response Norwegian GDP (Q2) Q2’s GDP figures add to evidence that Norway is on track for a modest recovery, suggesting that the Norges Bank will continue to tread cautiously. 19th August 2010 · 1 min read
Europe Commercial Property Update Will Stockholm's prime office yield underperformance last? The recovery in Stockholm’s prime office yields may have got off to a late start, but we do not think their underperformance relative to the neighbouring Nordic markets of Copenhagen and Oslo will... 18th August 2010 · 1 min read
Europe Data Response Norwegian GDP (Q1) Q1’s unexpected fall in GDP casts further doubt on the strength of the Norwegian recovery and supports our view that the Norges Bank will not increase interest rates as rapidly as its forecasts... 20th May 2010 · 1 min read
Europe Commercial Property Update Has the recovery in Norwegian industrial yields got ahead of itself? Having fallen by 100bps since their high in mid-2009, industrial yields in Norway are beginning to look overvalued relative to bonds as well as both office and retail markets. Given that, Q1 2010’s... 7th May 2010 · 1 min read
Europe Commercial Property Update Easing credit availability supporting Norwegian investment recovery Q1’s easing of credit conditions for commercial real estate in Norway will continue to support the nascent property investment market recovery. The recovery in yields is well underway, but we think... 22nd April 2010 · 1 min read
Nordic & Swiss Economics Update Norges Bank strikes a more cautious tone With the Norwegian economic recovery beginning to look a little more fragile, the Norges Bank has begun to strike a more cautious tone. Although the Bank is likely to raise interest rates again later... 24th March 2010 · 1 min read
Europe Economics Update Norges Bank strikes a more cautious tone With the Norwegian economic recovery beginning to look a little more fragile, the Norges Bank has begun to strike a more cautious tone. Although the Bank is likely to raise interest rates again later... 24th March 2010 · 1 min read
Europe Data Response Norwegian GDP (Q4) Q4’s disappointing GDP figures suggested that the Norwegian economy is still in a reasonably fragile state. Accordingly, the Norges Bank risks derailing the recovery if it raises interest rates too... 18th February 2010 · 1 min read
Europe Commercial Property Update Norway: property outlook bright, but beware of downside risks We think that commercial property returns in Norway will be higher over the next few years than anywhere else in Western Europe. This Update elaborates on our thinking and also highlights some of the... 19th January 2010 · 1 min read
Europe Economics Update Scandinavian housing market recovery unlikely to last The recent surge in Swedish and Norwegian property prices has fuelled concerns that both economies’ central banks may be forced to ratchet up interest rates in order to prevent housing market bubbles... 17th November 2009 · 1 min read
Europe Economics Update Norges Bank becomes the third central bank to raise rates The widely anticipated decision by the Norges Bank to raise interest rates from 1.25% to 1.50% made it the third central bank to tighten monetary policy, after Israel and Australia, during the current... 28th October 2009 · 1 min read
