Europe Commercial Property Update What’s the outlook for Dutch industrial property? The recent slump in Dutch industrial production masks a better trend in manufacturing growth. Yet given the sustained nature of the economic downturn, the outlook for industrial occupier demand and... 25th April 2014 · 1 min read
Europe Commercial Property Update Is the outperformance of Dublin’s office market coming to an end? All sectors of the Dublin property market received a boost from tightening yields during the first quarter. However, while there seems scope for further yield compression in the retail and industrial... 23rd April 2014 · 1 min read
UK Commercial Property Chart Pack Another good month for commercial property March saw IPD all-property rental values tick up by 0.1%m/m, the seventh consecutive increase of at least that amount. Moreover, the recovery is increasingly widespread. Certainly, office and... 23rd April 2014 · 1 min read
UK Commercial Property Update The shopping centre outlook is improving Given the overhangs of empty space, we don’t think shopping centre rents are about to surge. But occupier market conditions are nevertheless improving and investor demand for shopping centres has... 17th April 2014 · 1 min read
Europe Commercial Property Update Italian office capital values look set to fall further The low level of confidence in the Italian service sector throughout 2013 is consistent with the underperformance of office capital values versus retail. But while services confidence has since risen... 16th April 2014 · 1 min read
UK Commercial Property Data Response Financial and business services sector jobs (Q4 13) Jobs growth in the financial & business services (FBS) sector at the end of 2013 was very strong. New office completions will weigh a little on City and West End rents this year, but strong demand... 16th April 2014 · 1 min read
Europe Commercial Property Update When will Copenhagen industrial yields start to move down? Denmark’s lack of external competitiveness and production lost through outsourcing help explain why industrial property yields in Copenhagen remain at a post-crisis high. Yet the outlook for rents now... 15th April 2014 · 1 min read
UK Commercial Property Update What are the prospects for distribution warehouses? Distribution warehouse rents have not picked up as quickly over the past year or so as we thought they would. But output in the distributive trade sector of the economy is growing strongly and tenant... 11th April 2014 · 1 min read
Europe Commercial Property Update What explains falls in Swiss office rental values? Falls in office rental values in Zurich and Geneva seem at odds with the growing Swiss economy. But for Zurich at least, weakness in the financial services sector seems to explain why office take-up... 10th April 2014 · 1 min read
Europe Commercial Property Update How long will Brussels retail rents remain on hold? An increased preference amongst occupiers for shopping centre space and a run-down of leasing incentives probably help to explain why headline shop rents in Brussels have now been flat for three years... 9th April 2014 · 1 min read
UK Commercial Property Update How might reshoring affect commercial property? Offshoring in the services sector hasn’t obviously undermined office demand or rents and so it is difficult to see any benefits now from a reverse process of reshoring. But the positive impact for... 8th April 2014 · 1 min read
Europe Commercial Property Update What do jobs data imply for the peripheral occupier markets? Since the crisis, employment in the periphery has underperformed the euro-zone average. But recent data does at least show some positives for Portugal. And while sustained employment growth in Spain... 4th April 2014 · 1 min read
Europe Commercial Property Update Where next for Stockholm office yields? The fact that office yields in Stockholm have fallen below retail yields looks like a mispricing that will be reversed in due course. The good news, however, is that the Swedish economy and occupier... 2nd April 2014 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Mar.14) The CIPS/Markit construction PMI showed that growth in commercial property development was strong again in March. This signals healthy confidence in the outlook for occupier demand. Indeed, the risks... 2nd April 2014 · 1 min read
UK Commercial Property Update Survey evidence continues to bode well for 2014 The latest Colliers/Real Estate Capital (REC) survey confirms that the strong recovery in non-prime property segments has continued in the first few months of 2014. It also highlighted some concerns... 1st April 2014 · 1 min read
Europe Commercial Property Update Will the recent outperformance of Frankfurt office rents continue? A broad-based economic recovery combined with a modest development pipeline points to rents in the major German office markets making steady gains over the next few years. Yet the recent pick-up in... 28th March 2014 · 1 min read
