Europe Commercial Property Update Office occupier markets strong, but growth moderating European office markets have started the year in buoyant mood, with take-up reaching a post-crisis high, vacancy rates falling and rents climbing by around 2.5%. Nevertheless, as we outlined at the... 23rd July 2018 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) Following weakness in Q1, today’s RICS Survey pointed to a further, modest deterioration in occupier demand conditions. However, the headline numbers paint an overly soft picture, with the... 19th July 2018 · 1 min read
Europe Commercial Property Update Wage differentials support CEE industrial border markets Growing occupier demand for industrial units close to the German and Austrian borders will offset the slower economic growth that we are expecting in the next few years in the CEE markets. This will... 18th July 2018 · 1 min read
UK Commercial Property Data Response Employment (May) There was another strong increase in job creation in May. And the fact that firms are struggling to fill vacancies suggests little change in the current health of occupier markets. 17th July 2018 · 1 min read
Europe Commercial Property Update High income returns positive for Brussels offices A positive economic outlook for Belgium and a shortage of available Grade A stock bode well for office rents in Brussels. Foreign investors, in particular, are increasing exposure to the market as it... 11th July 2018 · 1 min read
Europe Commercial Property Update Signs point to slower Dublin industrial rental growth Prime industrial rents in Dublin jumped by close to 5% in Q1, driven by strong demand. But with Ireland’s economy cooling, and the prospect of increased speculative development, the easing in the rate... 5th July 2018 · 1 min read
UK Commercial Property Update Industrial upswing starts to slow The evidence suggests that the upswing in industrial rental values has started to fade. As investors cotton on and reassess the outlook for income growth, the current, rapid rate of yield compression... 5th July 2018 · 1 min read
Europe Commercial Property Update Healthy outlook for returns supports case for Denmark Record investment activity in Denmark underscores the positive outlook for returns in Copenhagen, especially in the industrial sector, which we expect to be the best-performing market in Western... 4th July 2018 · 1 min read
Europe Commercial Property Update Will a stronger Swiss economy boost rental prospects? The Swiss economy is forecast to put in a fairly decent performance over the next couple of years. But with strong office development pipelines, and already high retail rents, we think that the... 28th June 2018 · 1 min read
Europe Commercial Property Update Are Madrid offices still a good bet? Although prime office yields in Madrid have been flat for the past year, pricing doesn’t appear to be obviously stretched. And while capital value growth is largely done, good rental growth prospects... 22nd June 2018 · 1 min read
UK Commercial Property Focus A weaker outlook for shopping centres The evidence suggests that the headwinds currently buffeting the retail sector are taking a larger toll on shopping centres than on other types of retail property. As a result, and in contrast to the... 21st June 2018 · 1 min read
UK Commercial Property Update Where to for office rents in the Rest of the South East? The latest labour market data paint a worrying picture for occupier demand and rental value growth in the South East office market. Yet other indicators are more positive, and if we are right to... 19th June 2018 · 1 min read
UK Commercial Property Update Is the rise of flexible offices distorting vacancy rates? The surge in flexible office take-up over the past five years has raised the question as to whether office vacancy rates could be distorted as flexible offices tend to not be fully occupied. However... 13th June 2018 · 1 min read
UK Commercial Property Update What are the prospects for the leisure sector? In contrast to the problems on the high street, leisure sector fundamentals look strong. The outlook for leisure rental value growth is positive, supported by rising real incomes and solid underlying... 6th June 2018 · 1 min read
China Economics Update Property investment is weaker than meets the eye Real estate investment has recently returned to double digit growth. But a closer look at the data reveals that this recovery has been entirely driven by a jump in developers’ land purchases, which is... 29th May 2018 · 1 min read
Europe Commercial Property Update Are we too optimistic on Dublin retail rents? Q1 data indicate a rise in prime Dublin retail rents, following last year’s stagnation. With strong demand and supply fundamentals, we think rents will rise further over the next couple of years, but... 11th May 2018 · 1 min read