Nordic & Swiss Economics Update Deleveraging in Denmark: what lessons for other Nordics? Household spending in Denmark has barely recovered since its housing bubble burst in 2007 and there appears little respite ahead for households. With rising debt now fuelling housing booms in Sweden... 25th April 2013 · 1 min read
Europe Economic Outlook The crisis continues Recent events in Italy, Cyprus and Portugal have put a dent in hopes that the three-year crisis in the euro-zone is finally drawing to a close. Meanwhile, previous tentative signs that the broader... 10th April 2013 · 1 min read
Nordic & Swiss Economics Focus Will Denmark remain the Nordic laggard? Denmark is finally dragging itself out of its long slump. Households have started to deleverage, exporters have become more competitive and banks are now stronger. But given that these adjustments... 12th March 2013 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Emerging European property continues to lose its shine The relatively strong performance of Emerging European property markets in 2011 was not repeated in 2012. The softening economic backdrop did little to support rental growth, while yields appear to... 1st March 2013 · 1 min read
Europe Data Response Danish GDP (Q4) The Danish economy contracted sharply at the end of 2012 as both weak domestic demand and the euro-zone crisis weighed heavily on economic activity. 28th February 2013 · 1 min read
Nordic & Swiss Data Response Danish GDP (Q4 12) The Danish economy contracted sharply at the end of 2012 as both weak domestic demand and the euro-zone crisis weighed heavily on economic activity. 28th February 2013 · 1 min read
Europe Economics Update Negative rates: lessons from Denmark The Danish central bank’s use of negative interest rates provides an insight into one of the few untried tools still available to major central banks. Denmark’s experience suggests that negative rates... 19th February 2013 · 1 min read
Nordic & Swiss Economics Update Negative rates: lessons from Denmark The Danish central bank’s use of negative interest rates provides an insight into one of the few untried tools still available to major central banks. Denmark’s experience suggests that negative rates... 19th February 2013 · 1 min read
Europe Economic Outlook Euro-zone recession to deepen in 2013 While the lull in the euro-zone debt crisis has continued in recent months, the news on the region’s economy has remained distinctly downbeat. Despite some improvement towards the end of last year... 9th January 2013 · 1 min read
Europe Commercial Property Update Copenhagen retail yields to resume upwards drift The surprising recent strength of the Danish consumer sector suggests that prime retail yields in Copenhagen may have peaked. But we think that retail occupier demand will suffer this year as, among... 4th January 2013 · 1 min read
Europe Commercial Property Update Will the Oslo-Stockholm all-property yield differential widen? If the euro-zone crisis worsens and economic growth in Norway and Sweden disappoints, property yields in both Oslo and Stockholm are likely to rise by 30bps to 50bps over the next 12-18 months... 30th November 2012 · 1 min read
Europe Economic Outlook A lull in the storm Expectations of stronger policy support from the European Central Bank have prompted a period of relative calm in the euro-zone. But previous lulls have not lasted for very long. There are still few... 16th October 2012 · 1 min read
Europe Commercial Property Update Will Danish industrial property continue to underperform? Industrial property in Copenhagen is unlikely to buck the general trend of falling capital values in European markets. But over the next 18 months, and in contrast to the past five years, those falls... 31st August 2012 · 1 min read
Europe Economics Weekly Bail-out talks are the next key hurdle for Greece The formation of a coalition Government headed by New Democracy has reduced the chances of Greece exiting the euro-zone imminently. But the political situation remains precarious and the Government’s... 25th June 2012 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Investors shun Emerging Europe in the first quarter Most of the non-euro-zone European economies grew in Q1 2012. However, economic sentiment has been below normal in a majority of these countries and property investment volumes fell sharply in CEE in... 1st June 2012 · 1 min read
Europe Commercial Property Update RICS Global Survey too upbeat on Polish and Czech rental values Last week’s Q1 2012 RICS Global Survey revealed a divergence in surveyors’ expectations for commercial property rental growth in Emerging Europe. We agree that the outlook is brightest in Russia and... 10th May 2012 · 1 min read
