UK Commercial Property Data Response Lending to commercial property (Dec.) Net lending to commercial property contracted in December, driven entirely by a fall in net lending to schemes in the development pipeline. 30th January 2018 · 1 min read
Europe Commercial Property Update A sweet spot for Italian retail rents The combination of strong consumer spending growth and rising tourism appears to have been behind the sharp rise in prime retail rents in Milan and Rome last year. With these conditions set to... 25th January 2018 · 1 min read
Europe Commercial Property Update Has Mainland Europe investment activity peaked? Following another record year for commercial property investment in continental Europe in 2017, we expect investment activity to fall back this year. What’s more, with high interest rates and slower... 22nd January 2018 · 1 min read
UK Commercial Property Focus Is investment activity about to plateau? Whether thinking about the macroeconomic context, relative pricing, or investor sentiment – it is difficult to make a case that investment activity will be notably stronger or weaker than in 2017... 15th January 2018 · 1 min read
Europe Commercial Property Update Conditions ripe for uplift in German industrial rents Industrial take-up in the four main German cities continues to rise. Yet prime rents in Berlin, Frankfurt, Hamburg and Munich have been largely unchanged for 18 months. Even so, with occupier... 12th January 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Mortgage credit availability edged up in Q4, while the supply of credit for commercial property held steady. But while conditions for households are expected to improve further in Q1, commercial... 11th January 2018 · 1 min read
UK Commercial Property Data Response Commercial property investment (Dec.) A surprising fall in activity among overseas investors left the monthly total for investment deals at £4.3bn, 11% below the average seen in past Decembers. That said, not only does that fall in... 10th January 2018 · 1 min read
Europe Commercial Property Update European property looks increasingly late-cycle Reduced capital raising totals for the second consecutive year and a decrease in the proportion of funds meeting their fund-raising targets hint at pricing concerns amongst investors. 10th January 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Nov.) Driven entirely by standing investments, net lending to commercial property rose by £452m in November. That said, the latest rise barely reversed half of the previous month’s drop and does not alter... 4th January 2018 · 1 min read
Europe Commercial Property Update Our key views for how 2018 will shape up After three consecutive years of mostly yield-driven double-digit capital growth, the outlook for European commercial property in 2018 is less positive – we believe that the prime market has now... 3rd January 2018 · 1 min read
UK Commercial Property Chart Pack Investment activity recovered in November It currently looks likely that both rental and capital value growth will end 2017 broadly in line with our forecasts – which seemed a little optimistic compared to the consensus for most of the year –... 20th December 2017 · 1 min read
Europe Commercial Property Update Oslo office rents to surprise to the upside in 2018 Prime rental value growth in Oslo is likely to enjoy a bumper year in 2018, with rental values set to climb by around 8%. But the consensus has yet to pick up on the momentum that is starting to build... 20th December 2017 · 1 min read
Non-Euro Europe Commercial Property Outlook 2018 to be the last year of yield falls Solid economic growth prospects in most of Europe bode well for occupier demand and prime rents in the next few years. However, better growth is likely to be a double-edged sword for commercial... 15th December 2017 · 1 min read
Europe Commercial Property Outlook Period of strong capital value growth nearing an end Against a backdrop of solid economic growth, the outlook for occupier demand and rental growth is encouraging. But with prime property yields close to finding a floor, and tighter monetary policy on... 15th December 2017 · 1 min read
UK Commercial Property Data Response Commercial property investment (Nov.) Even after some upward revisions to October’s figure, commercial property investment activity rose significantly in November. As has been the case for some time, overseas demand was the main driver of... 14th December 2017 · 1 min read
UK Commercial Property Data Response Employment (Oct.) October’s Labour Force Survey showed that employment fell. Yet, the unemployment rate held firm and wage growth improved. In big picture terms, the data are still consistent with rents rising next... 13th December 2017 · 1 min read
