Europe Commercial Property Focus What will a break-up mean for euro-zone commercial property? The economic and financial market dislocations that will arise from a break-up of the euro-zone will have severe, negative consequences for euro-zone commercial property markets. Indeed, we think that... 9th December 2011 · 1 min read
Europe Economics Weekly Markets gamble on the ECB The financial markets seem to be gambling that the European Central Bank and Germany are bluffing when they say they are not about to come to the euro’s rescue. But given the obstacles still in the... 5th December 2011 · 1 min read
Europe Economics Update Euro break-up will leave no country unscathed We expect a limited form of euro-zone break-up in the next two years to cause widespread economic disruption across the region. And with recent indicators already pointing to recession in a number of... 1st December 2011 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Nov.) The latest fiscal data suggest that Ireland remains on track to meet its budget deficit target for this year. But the near-term outlook for the public finances in Southern Europe is more downbeat. 30th November 2011 · 1 min read
Europe Data Response Euro-zone EC Survey (Nov.) November’s EC business and consumer surveys support the message from other timely indicators that the euro-zone is entering a deep recession. 29th November 2011 · 1 min read
Europe Economics Focus How and when will the euro-zone break up? The continued escalation of the euro-zone debt crisis suggests that some form of break-up of the currency union is now likely to come sooner rather than later. We expect Greece to leave the euro in... 28th November 2011 · 1 min read
Europe Commercial Property Chart Pack Weaker investment flows in the pipeline Uncertainty about the euro-zone economic outlook is prompting property investors to act more cautiously. Activity in Q3 was driven by deals initiated before the summer’s turmoil. We agree with survey... 21st November 2011 · 1 min read
Europe Commercial Property Outlook Capital values to fall back in 2012 and 2013 We expect the euro-zone to fall back into recession in 2012 and 2013. We have therefore cut our commercial property forecasts to reflect the weaker economic backdrop. Over the next two years, we... 10th November 2011 · 1 min read
Europe Economic Outlook Deepening crisis to prompt widespread recession The euro-zone debt crisis is having a severely damaging impact on the European macro-economy. Not only are the troubled peripheral economies set to remain deep in recession, but growth prospects have... 3rd November 2011 · 1 min read
Europe Commercial Property Update Ireland's strong economic growth has yet to revive occupier demand Ireland’s robust rebound in economic output so far this year does not appear to have meaningfully improved the health of Dublin’s commercial property occupier markets. Although rents may now have... 13th October 2011 · 1 min read
Europe Economics Update Does Ireland’s recovery provide hope for Southern Europe? The news that Ireland expanded robustly in the first half of the year, might suggest that the Southern European economies may reap similar rewards if they stick with plans to cut their budget deficits... 28th September 2011 · 1 min read
Europe Data Response Ireland GDP (Q2) Irish Q2 GDP figures revealed that the economy expanded strongly in the first half of 2011 and add to evidence that Ireland is in a much better position than Greece and Portugal. But given the weak... 23rd September 2011 · 1 min read
Europe Economics Update Is Ireland over the worst? There have recently been signs that Ireland’s troubles may be starting to ease, but we still think that it faces a huge challenge to return its public finances to a stable footing. Accordingly, there... 19th August 2011 · 1 min read
Europe Commercial Property Outlook Europe’s fiscal crisis will dent the occupier market recovery The weakening economic outlook for the euro-zone economy is likely to act as a brake on the recovery in commercial property markets over the next year or two. Rental value growth will moderate in most... 5th 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 Too soon to turn positive on Irish commercial property Q1’s sharp rise in Irish GDP is not as encouraging as it first seems. Although the external sector appears to be booming, we do not expect this to last. More worryingly, domestic demand continued to... 24th June 2011 · 1 min read
