Europe Commercial Property Update Which sector offers the best short-term rental prospects? Recovering economic growth in the euro-zone will support a revival in occupier demand. But, whilst elevated availability will limit rental growth in the office and industrial sectors, the relative... 16th June 2015 · 1 min read
Europe Commercial Property Update Oil sector slowdown means Oslo office rental growth will disappoint There are now concrete signs that the slowdown in the Norwegian oil industry is beginning to feed through to the wider economy. As a result, we expect the upwards trend in Oslo office market rents to... 12th June 2015 · 1 min read
UK Commercial Property Data Response Commercial property investment (May) Offices accounted for the lion’s share of UK commercial property investment activity in May, and drove almost half of the increase from April. However, it was also notable that investor appetite for... 11th June 2015 · 1 min read
UK Commercial Property Update South East offices poised for further outperformance Taking 2015 to 2017 as a whole, further yield compression combined with steady growth in rental values should mean that South East offices deliver stronger capital value growth and average total... 9th June 2015 · 1 min read
Europe Commercial Property Update Euro-zone office rental values set to grow at strongest rate since 2008 The boost to euro-zone office rents stemming from a pick up in economic growth and employment over the next year or so will be partially offset by high vacancy rates. Nevertheless, the fact that... 8th June 2015 · 1 min read
UK Commercial Property Update What does the surge in leisure spending mean for property? The surge in leisure services spending shown in the latest data is not as positive for the broader leisure sector as it first appears. Nevertheless, after tracking sideways for the past six years, the... 5th June 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
Europe Commercial Property Outlook Capital values look set for their strongest annual gain since the crisis Compared to our last Analyst, we have moved up our rental growth forecasts for 2015 and 2016, reflecting limited development pipelines and upgrades to our macroeconomic forecasts. The rental upgrade... 4th June 2015 · 1 min read
Europe Commercial Property Update Office rents in Prague and Warsaw to buck the positive trend in 2015 The Czech and Polish economies are motoring along nicely. However, the latest IPF Consensus Survey shows that our view, that solid demand fundamentals will be swamped by excess supply, causing rents... 27th May 2015 · 1 min read
UK Commercial Property Update De Montfort Survey confirms cautious attitude to development The De Montfort University Lending Survey confirms anecdotal reports of an increasingly buoyant and competitive commercial property lending market. But it also suggests that lenders’ risk appetite is... 22nd May 2015 · 1 min read
UK Commercial Property Update London offices - headed for a period of excess supply? Schemes aiming to deliver a total of 4.4m square feet of new office space to Central London were launched in the past six months. That was the second highest level of development starts in 20 years... 21st May 2015 · 1 min read
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
