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
UK Commercial Property Outlook Will leisure’s poor rental run be sustained? Leisure rental value growth has slowed dramatically since December. However, over the medium term, muted sentiment and leisure spending are both more likely to improve than deteriorate. As a result... 21st June 2016 · 1 min read
Europe Commercial Property Update Rising consumer spending to lift Bucharest retail rents Prime retail rents in Bucharest have, so far, failed to benefit from the surge in retail sales. But with a robust economic outlook and international retailers increasingly attracted to city, we expect... 20th June 2016 · 1 min read
Europe Commercial Property Update Copenhagen industrial yields set for substantial falls by 2018 Copenhagen industrial yields have lagged behind the falls seen in the other sectors, as well as those seen for industrial assets in other cities. However, with the occupier market outlook now much... 17th June 2016 · 1 min read
Europe Commercial Property Update Slower employment gains to weigh on Spanish office rental growth Spain’s recovery has underpinned rising office rents in Barcelona and Madrid. But with the economy losing steam, we expect weaker employment growth to moderate the pace of office rental growth. 15th June 2016 · 1 min read
UK Commercial Property Update Is the slowdown in investment as dramatic as it seems? Last year’s huge surge in investment activity outside the traditional property sectors has not been replicated this year. But even adjusting for this, we have observed a substantial slowdown in... 14th June 2016 · 1 min read
Europe Commercial Property Update Retail rental growth to cool in Italy Retail rents in Milan and Rome rose sharply last year. But a slowdown in the Italian economy and consumer spending growth over the coming years will mean that rental growth now eases back. 10th June 2016 · 1 min read
Europe Commercial Property Outlook Capital value growth set to slow Even with already low commercial property yields, the low interest rate environment means that commercial property will remain attractive for investors. We expect further yield declines to drive... 7th June 2016 · 1 min read
Non-Euro Europe Commercial Property Outlook Prime yields still some way from their floor In the absence of particularly enticing prospects for alternative asset classes, demand for prime commercial property will be strong for at least the next two to three years. This has meant that we... 7th June 2016 · 1 min read
Europe Commercial Property Update Further scope for German office values to rise Office values in Germany’s four main cities have risen sharply in recent years. But a strong occupier market suggests that valuations aren’t excessively stretched. Furthermore, with a positive outlook... 26th May 2016 · 1 min read
UK Commercial Property Update Staying in the EU would not guarantee a spike in investment deals The consensus within the property sector is that, in the event of a vote to remain within the EU, investment demand and activity would rise significantly in the second half of 2016. However, we think... 26th May 2016 · 1 min read
UK Commercial Property Chart Pack Rental and capital value growth moderate The moderation in capital value growth is likely to continue given that investment activity is subdued, and yield compression and rental value growth are both slowing. However, without a drastic... 25th May 2016 · 1 min read
Europe Commercial Property Update Have Dublin office yields fallen too far? The decline in prime Dublin office yields towards pre-crisis levels raises the question of whether they have again fallen too far? But with a positive rental growth outlook and risk-free rates at... 24th May 2016 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Economic uncertainty slows yield falls and rental growth The start to the year has seen a slight easing of economic growth in much of the region, in part due to a rise in uncertainty. This caused investment activity to fall back significantly and rental... 20th May 2016 · 1 min read
Europe Commercial Property Chart Pack Marked slowdown in capital value growth With all-property rental values rising by a little under 0.5% q/q in Q1, it was further yield compression that once again drove capital value growth. But with yields declining by just 5bps, capital... 20th May 2016 · 1 min read
Europe Commercial Property Valuation Monitor Falling property yields draw closer to fair value Property yields ticked down marginally in Q1, but are now 80bps below their 10-year average. Changes in alternative asset pricing – with bond yields falling and dividend yields rising – mean that... 16th May 2016 · 1 min read
