UK Commercial Property Chart Pack Lower rates should help lighten the mood While the outcome of the referendum has certainly dampened the sector’s mood, we believe that policymakers’ response should help allay some of the worst fears. We think that the lower exchange rate... 29th July 2016 · 1 min read
Europe Commercial Property Update Dublin’s office pipeline unlikely to lead to oversupply After several years of virtually no development, Dublin office space is set to rise by around 12% of current stock over the next few years. However, in the absence of a sharp slowdown in occupier... 29th July 2016 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Jun. 16) Even though net lending to property rose in June, we would hesitate to read too much into today’s figures. That said, despite the uncertainty caused by the referendum, lenders look less exposed than... 29th July 2016 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q2 16) The pace of construction activity fell across the board in the second quarter. That said, skill shortages mean that activity in the sector had been losing momentum for a year, so we would be reluctant... 28th July 2016 · 1 min read
Europe Commercial Property Update Stockholm offices represent good value despite historically low yields Stockholm office valuations have improved since the end of the first quarter. Additionally, set against relatively mediocre rental growth in many European office markets, Stockholm’s solid growth... 28th July 2016 · 1 min read
Europe Commercial Property Update Sentiment towards Irish property takes a hit, while Hungary shines Investment sentiment toward European commercial property generally remains upbeat according to the RICS Q2 global commercial property survey. While confidence in Hungary jumped again, sentiment has... 27th July 2016 · 1 min read
UK Commercial Property Data Response RICS Commercial Property Market Survey (Q2) The latest RICS Commercial Property Survey gave fresh evidence that sentiment in the property sector has deteriorated since June’s referendum. 25th July 2016 · 1 min read
Europe Commercial Property Update How does Brexit affect our European commercial property forecasts? A prolonged period of looser monetary policy in the wake of Brexit will mean that prime European commercial property capital values will surpass our previous forecasts, despite weaker rental growth. 25th July 2016 · 1 min read
UK Commercial Property Focus Could the market talk itself into a correction? Our central view is that the outlook for commercial property is healthier than the recent gloomy headlines would suggest. Nevertheless, there is a latent risk that negative sentiment itself could... 22nd July 2016 · 1 min read
Europe Commercial Property Update Weakening Italian economy to hit office rental growth Office rental growth in Italy is set to be negatively affected by a slowdown in the Italian economy, including weaker employment growth. And coupled with political uncertainty, the office market looks... 13th July 2016 · 1 min read
Europe Commercial Property Update German industrial yields to fall despite looking relatively expensive Economic uncertainty and lower business and consumer confidence resulting from Brexit are likely to weigh on German GDP growth over the coming 18 months, leading to slower industrial rental growth... 6th July 2016 · 1 min read
UK Commercial Property Update How concerning is the news from open-ended funds? In the wake of the referendum result, some property funds have reacted by cutting the value of their assets, and even stopping fund outflows. However, by limiting outflows, funds can allow the dust to... 5th July 2016 · 1 min read
UK Commercial Property Update How dark are the clouds over London’s skyline? The outlook for London’s office market is undeniably weaker than it was just 10 days ago. But although we have cut our forecasts in response to last week’s vote, we think there are reasons to believe... 1st July 2016 · 1 min read
UK Commercial Property Chart Pack Another month of moderation With the contribution of rental growth and yield compression fading, capital value growth is expected to moderate further. Yet, with economic and employment growth set to be solid, and interest rates... 23rd June 2016 · 1 min read
Europe Commercial Property Update Rise in Athens retail rents doesn’t signal a wider market revival Prime retail rents in Athens moved sharply higher in the first quarter. However, a weak economic environment will limit further upside, while also keeping industrial and office rents in check. 23rd June 2016 · 1 min read
Europe Commercial Property Update Amsterdam office rents set to shrug off high vacancy rate Decent economic growth in the Netherlands in the next few years will support office occupier demand. Coupled with low availability for modern space this means that, rather than acting as a brake on... 22nd June 2016 · 1 min read
