Non-Euro Europe Commercial Property Chart Pack Yields head lower in most markets Economic growth appears to have slowed in much of non-euro Western Europe in Q1, but maintained a solid pace in Emerging Europe, with the major exception of Russia. Russia’s troubles are also evident... 20th May 2015 · 1 min read
UK Commercial Property Outlook A favourable occupier market outlook The outlook for the commercial property market is favourable and the recovery is likely to be extended over the forecast horizon. Yields will play a role by continuing to edge down, but consistent... 18th May 2015 · 1 min read
Europe Commercial Property Chart Pack All-property yield compression picks up pace in Q1 The pace of euro-zone all-property yield compression picked up in Q1, driven mostly by the office and industrial sectors. At the all-property level euro-zone rental values rose by 1.2%q/q, but that... 14th May 2015 · 1 min read
UK Commercial Property Data Response Employment data (Mar.) The start of the year has seen further improvement in the labour market, with unemployment falling further and real pay now growing strongly. This suggests that the positive momentum in rental value... 13th May 2015 · 1 min read
Europe Commercial Property Update Hungarian property capital values ready for lift-off The Hungarian economy stands to see above-trend growth rates in the coming years, supporting occupier demand. With the prospects for rental values turning positive, yields look cheap on a historical... 13th May 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (Apr.) The value of commercial property deals struck in April slumped by 54%m/m. But the bulk of that decline can be accounted for by the fact that March’s total was boosted by two huge one-off deals. In... 11th May 2015 · 1 min read
UK Commercial Property Focus How big is the safe-haven premium for London property? Gauging the impact of safe-haven demand on the pricing of Central London property is not easy and any estimates carry sizeable health warnings. But we think it is plausible that Central London office... 8th May 2015 · 1 min read
Europe Commercial Property Update Euro-zone office rental values to show further steady growth Amidst a slowly improving economic backdrop, prime euro-zone office rents have risen in recent quarters. We expect further gradual increases in occupier demand, coupled with constrained supply, to... 8th May 2015 · 1 min read
Europe Commercial Property Update Zurich and Geneva office rental values set for further falls The negative effects of the Swiss franc appreciation on economic growth and employment suggest that the recent stabilisation of Geneva and Zurich office rents is unlikely to last. Rather, with vacancy... 7th May 2015 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Apr.) April’s dip in the commercial construction PMI could be a sign that developers sense that the recovery in occupier demand is fading. But such a conclusion seems premature to us. Therefore, it is... 5th May 2015 · 1 min read
Europe Commercial Property Update Increased sentiment set to support further property investment growth Commercial property investment recorded another strong performance in Q1. In annual terms, impressive rises in Belgium, Italy and Spain offset declines in a number of other markets. Encouragingly, the... 29th April 2015 · 1 min read
UK Commercial Property Chart Pack Yield compression strengthens again in March The economy slowed in the first quarter of the year, but survey evidence typically indicates that activity and confidence strengthened again in March. Moreover, although core inflation took a step... 29th April 2015 · 1 min read
Europe Commercial Property Update Stockholm offices capital growth to reach double figures this year Stockholm offices are forecast to produce solid rent rises in 2015. Coupled with prime yields falling to 4%, this will drive double-digit capital growth this year. 28th April 2015 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q1) At face value, the RICS construction survey appears to show that commercial property development is expanding strongly, even if it did moderate a touch during the first quarter. Yet the improvement is... 23rd April 2015 · 1 min read
UK Commercial Property Update Is industrial property now overvalued? The record low spread between industrial yields and the all-property average is not a sign that industrial property is too expensive. Rather it largely reflects the fact that retail yields are still... 22nd April 2015 · 1 min read
Europe Commercial Property Update Is Danish industrial still the best opportunity in the Nordic region? Better economic growth prospects in Denmark mean the outlook for the industrial market has turned positive. However, yields remain elevated relative to both the office sector and the other Nordic... 22nd April 2015 · 1 min read
