UK Commercial Property Update Will rising food prices help stem supermarket rental falls? Rising food prices are not a sign of growing pricing power for supermarket chains. Rather they are another sign of increased pressure on margins, implying that the unprecedented two-year decline in... 30th June 2017 · 1 min read
Europe Commercial Property Update Solid French economic outlook bodes well for occupier demand With President Macron’s parliamentary majority putting him firmly in control in Paris, the prospects for the French economy are pretty good. The economic recovery will continue to boost firms’... 28th June 2017 · 1 min read
Europe Commercial Property Update Are investors questioning rental growth prospects in Dublin? With a large pipeline, concerns about future rental growth are probably behind the flat-lining of prime Dublin office yields. But while rental growth will ease, we don’t think rents are about to fall. 27th June 2017 · 1 min read
UK Commercial Property Chart Pack Signs of normalisation in the investment market All in all, there was still little, if any, evidence to suggest that the Brexit process is having a major impact on property market sentiment or activity levels. And there was little to alter our view... 23rd June 2017 · 1 min read
Europe Commercial Property Update Falling Amsterdam office stock to drive rental value surge Amsterdam office vacancy has dropped from 17% to 8%, but we expect it to fall to 4% by 2019 as limited completions are outstripped by stock removals. This will drive a 15% lift in prime rents and will... 23rd June 2017 · 1 min read
Europe Commercial Property Update Improved economic outlook in Finland emboldens investors The Finnish economy is benefitting from a cyclical recovery in the euro-zone and Russia. This is likely to attract more core capital to Helsinki, given its appealing yield and solid rental growth... 16th June 2017 · 1 min read
Europe Commercial Property Update Further headwinds for Swiss office rents A pick-up in the Swiss economy should improve demand for office space. However, the size of the development pipeline means that it could take longer than expected before prime office rents in Geneva... 13th June 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (May) After a subdued month in April, UK commercial property investment activity picked up in May. It was also encouraging that, at least in this months’ figures, there were tentative signs of improving... 12th June 2017 · 1 min read
Europe Commercial Property Update Strong pipeline to weigh on Bucharest office rents In recent years, strong occupier demand has helped prime office rents in Bucharest hold up in the face of a healthy development. But by end-2018, completions totalling 18% of existing stock are... 9th June 2017 · 1 min read
Europe Commercial Property Update What might the surge in new retail supply mean for Warsaw? Shopping centre development in Warsaw is picking up pace. While the city’s growing wealth and low vacancy rate mean that it can accommodate more retail floorspace, we have nudged down our rental... 8th June 2017 · 1 min read
UK Commercial Property Update Are we too optimistic about Rest of UK offices? During the three quarters since the referendum, Rest of UK office rental values have done relatively little to counteract the yield-driven falls in capital values seen after the vote. However, survey... 7th June 2017 · 1 min read
Europe Commercial Property Update What is behind the stagnation in German retail rents? Prime German retail rents have stagnated recently, in spite of a healthy economic backdrop. In the absence of a pick-up in occupier demand, it is difficult to see strong rental growth in the years... 26th May 2017 · 1 min read
UK Commercial Property Chart Pack Rents and capital values see modest rise Even though investment activity looks soft compared to the elevated levels seen in 2015, the value of deals transacted over the last twelve months would not look too low compared to most other years... 25th May 2017 · 1 min read
Europe Commercial Property Update Will strong demand continue to lift euro-zone office rents? Strong employment growth in the euro-zone augurs well for office occupier demand. Coupled with limited net additions, we think euro-zone prime office rents will move higher in the years ahead. 19th May 2017 · 1 min read
UK Commercial Property Update London office development cycle past its peak London’s office development pipeline has been a source of concern to many for some time now. But a comparison with vacancy rates supports our view that it has not been excessive. It also seems to be... 16th May 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Apr.) Weaker investment market activity is fairly typical at this time of year. Even so, activity this April was particularly soft due to a very low number of deals. That said, there were no signs that... 11th May 2017 · 1 min read