UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) The latest RICS survey suggests that, for now, occupier demand is proving resilient to the slowdown in the wider economy. That said, outside the Central London office market, there was little to... 29th July 2011 · 1 min read
Europe Commercial Property Update End of the road for German industrial yield compression? We suspect that Q2’s fall in yields may mark the end of the road for the German industrial investment market recovery. As our fears of a rapid slowdown in the manufacturing recovery are borne out... 26th July 2011 · 1 min read
UK Commercial Property Chart Pack Property investment market volumes remain in the doldrums Investment market activity remained pretty weak in June. Indeed, it was the third consecutive month in which the total value of transactions had been less than £2bn. That had not happened since... 23rd July 2011 · 1 min read
Europe Commercial Property Update Euro-zone PMIs highlight the downside risks to occupier demand This morning’s flash euro-zone PMI release suggests that economic recovery in the region may have ground to a virtual halt. The fact that euro-zone manufacturing output is now barely rising supports... 22nd July 2011 · 1 min read
Europe Commercial Property Update Will the franc derail the Swiss occupier market recovery? It looks increasingly likely that the sovereign debt crisis in the euro-zone will take a heavy toll on the Swiss economy. As a result, the emerging recovery in Swiss commercial property rental values... 21st July 2011 · 1 min read
UK Commercial Property Update Can we trust the message from real estate equity prices? Trends in real estate equity prices point to gains in IPD all-property capital values for 2011 as a whole of about 10%. That is far too optimistic. But to the extent that real estate equities are... 21st July 2011 · 1 min read
UK Commercial Property Update Why has industrial property income fared so poorly? To us, the prospects for consumer spending on leisure services remain pretty good and anecdotal evidence certainly suggests that institutional buyers are increasingly targeting leisure property. We... 16th July 2011 · 1 min read
Europe Commercial Property Update How significant is the slump in Brussels office take-up? It is tempting to dismiss the recent slump in office market take-up in Brussels as noise in an otherwise positive trend. But it could reflect the early stages of a labour market slowdown as firms... 15th July 2011 · 1 min read
Europe Commercial Property Update Should we be concerned about the drop in Polish footfall? June’s drop in Polish footfall might suggest that the health of Poland’s retail occupier market is not as strong as many believe. However, the footfall figures are volatile. Together with the strong... 14th July 2011 · 1 min read
UK Commercial Property Update Outperformance by leisure services may not last much longer For now, leisure services operators are managing to combine positive sales volumes growth with price increases. That points to a positive near-term outlook for leisure property rental values... 14th July 2011 · 1 min read
UK Commercial Property Update A surge in City and West End office rents remains unlikely The latest CBI/PwC Financial Services Survey contained a positive message on job creation. But despite below-average vacancy rates and very limited new supply pipelines in both the City and West End... 6th July 2011 · 1 min read
Europe Commercial Property Update Office yields in Milan likely to fall behind core euro-zone markets Despite concerns about its solvency, financial markets are still giving the Italian economy the benefit of the doubt. For now, property investors are treating Milan’s office market in a similar... 2nd July 2011 · 1 min read
Europe Commercial Property Update Nordic investment market attractive, but difficult to enter The strength of the Norwegian and Swedish economies is consistent with reports that investment demand for commercial property in the Nordics among international funds is on the up. However, high... 30th June 2011 · 1 min read
UK Commercial Property Data Response Institutional Investment in Property (Q1) & Financial Stability Report Investing institutions remained net buyers of commercial property in Q1 and, over the coming quarters, we suspect that they will continue to increase their portfolios. Elsewhere, while we do not... 25th June 2011 · 1 min read
Europe Commercial Property Update Too soon to turn positive on Irish commercial property Q1’s sharp rise in Irish GDP is not as encouraging as it first seems. Although the external sector appears to be booming, we do not expect this to last. More worryingly, domestic demand continued to... 24th June 2011 · 1 min read
Europe Commercial Property Update CEE investment volumes still on upward trend, but remain subdued The trend for investment volumes among CEE property markets still appears to be upward. However, activity remains well below peak levels and restricted only to a handful of markets, namely Poland... 23rd June 2011 · 1 min read
