Europe Commercial Property Update Will Paris’ occupier demand outperformance last? Parisian office take-up grew by 55%y/y in the second quarter, but fell in three of the top four German cities, including a 45%y/y fall in Frankfurt. Nevertheless, the underlying weakness of the French... 7th August 2014 · 1 min read
Non-Euro Europe Commercial Property Chart Pack CEE investment grows strongly in Q2 Economic indicators in the non-euro-zone Western European economies were generally positive in Q2, but there are signs that growth slowed across the board in Emerging Europe. That wasn’t enough to put... 6th August 2014 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Jul.) The CIPS/Markit commercial property construction PMI eased a bit in July, but was still at a high level. In the long run, increased development activity will obviously dampen rents. But in the shorter... 4th August 2014 · 1 min read
Europe Commercial Property Chart Pack Capital values boosted by yield compression Economic indicators paint a mixed picture of the euro-zone recovery. On the one hand, the situation in the peripheral economies is improving. But at the same time, growth in the core economies appears... 1st August 2014 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) Today’s RICS survey confirms a continued occupier market recovery in all sectors and regions, pointing to faster rental value gains in the coming quarters. 29th July 2014 · 1 min read
Europe Commercial Property Update What next for Dutch office rents? We envisage only a modest improvement in office occupier demand in the Netherlands over the next year or two as economic growth and job creation disappoint. Yet office rents are likely to drift higher... 28th July 2014 · 1 min read
UK Commercial Property Chart Pack Capital values up sharply in June Economic output rose for the sixth consecutive quarter in Q2 and finally regained its pre-credit crunch level. Employment also continues to grow strongly, but spare capacity in the labour market means... 25th July 2014 · 1 min read
Europe Commercial Property Update Rental growth in Warsaw and Krakow set to boost retail capital values Poland’s strengthening labour market and rising consumer confidence bode well for retail occupier demand in Krakow and Warsaw. And, with little new supply in the pipeline, the prospects for rental... 24th July 2014 · 1 min read
Europe Commercial Property Update What explains the weakness of Belgian and Italian investment? Belgium’s weak economic fundamentals mean it sits near the bottom of the rankings in terms of core euro-zone commercial property investment destinations. While Italy suffers from an even weaker... 22nd July 2014 · 1 min read
Europe Commercial Property Update A positive outlook for Dublin retail property The latest data showing that Dublin’s employment and housing market recovery are running ahead of the rest of Ireland bode well for retail occupier demand in the Irish capital. And, with tight supply... 17th July 2014 · 1 min read
UK Commercial Property Data Response RICS Construction Survey (Q2) Commercial property construction activity continued to rise strongly in Q2 and the upswing is clear in every region. This suggests that developers’ confidence about the prospects for occupier demand... 16th July 2014 · 1 min read
UK Commercial Property Update What lies ahead for capital values in H2? The balance of probability suggests that the 1.6%m/m rise in IPD all-property capital values in June will not be matched in the second half of the year. Even so, the annual growth rate is set to... 15th July 2014 · 1 min read
Europe Commercial Property Update CEE logistics capital values look set to rise Recent data confirm that a slowdown in euro-zone export orders has led to slowing of industrial production growth in the CEE region. Nevertheless, with rental values yet to rebound from post-crisis... 14th July 2014 · 1 min read
Europe Commercial Property Update How has employment in the main German cities been faring? Over the past six years, office-based employment growth in Munich has outperformed the other major German cities. In contrast, job creation in Frankfurt has been below par. This helps to explain the... 10th July 2014 · 1 min read
UK Commercial Property Update Income security measure points to drop in property risk premium The gap between reversionary potential and over-renting on existing leases is rising and this simple measure of income security suggests that risk premiums and property yields have further to fall. 10th July 2014 · 1 min read
UK Commercial Property Update Retail warehouse rents are poised to recover, but slowly The revival of housing market activity is likely to resume in the second half of the year and this shouldhelp to stimulate the retail warehouse occupier market. But given signs that rent-free periods... 8th July 2014 · 1 min read
