Europe Commercial Property Update Bucharest industrial rental growth to underwhelm The positive near-term economic picture means that Bucharest industrial activity will maintain its momentum in H2, but ease further out as spending patterns normalise. But given the city’s large... 27th September 2021 · 3 mins read
Non-Euro Europe Commercial Property Outlook Emerging Europe: Industrial loses crown after 2021 Our forecast for the economic recovery to maintain its momentum in H2 bodes well for occupier and investment activity. But while we think industrial rental growth will pick up, we still expect office... 24th September 2021 · 19 mins read
Europe Commercial Property Outlook Sector fortunes to shift While the Delta variant has slowed economic activity in other parts of the world, this has not yet been the case in the euro-zone, and we are cautiously optimistic that the bloc will continue to grow... 16th September 2021 · 31 mins read
Europe Commercial Property Valuation Monitor Rising bond yields point to deteriorating valuations The valuation of industrial and offices deteriorated compared to bonds and equities in Q2 on account of falls in property yields. Meanwhile, retail yields stabilised, leaving valuations broadly... 2nd September 2021 · 7 mins read
Europe Commercial Property Chart Pack Tentative signs of a turning point for property All-property capital values rose for the third consecutive quarter in Q2, leaving them less than 1% below their pre-virus level. The improvement was driven by a decline in all-property yields, though... 18th August 2021 · 9 mins read
Europe Commercial Property Update Luxury won’t shield Paris retailers from e-commerce We expect prime retail rents in both Lyon and Paris to struggle to make up lost ground this year, and even after a return to growth next year, the pace of increases will be subdued. 16th August 2021 · 3 mins read
Europe Commercial Property Focus What will COVID-19 mean for the largest global cities? Cities are central to property performance. And the largest are seen as hugely important by investors. But the pandemic has turned many received ideas about real estate on their head and we think that... 10th August 2021 · 20 mins read
Europe Commercial Property Helsinki offices to continue to outperform euro-zone Following better-than-expected Q2 data, we have revised up our Helsinki office returns forecasts for this year. And given a robust rental outlook, returns are set to outpace the euro-zone over the... 6th August 2021 · 3 mins read
Europe Commercial Property Update Investment past the worst but still faces uphill struggle The Q2 data showed that pan-European (excl. UK) transactions improved after their Q1 lows. But international travel restrictions, structural shifts in the office and retail sectors and tougher credit... 29th July 2021 · 3 mins read
Europe Commercial Property Update Prime Brussels offices to fare better than most More remote working is pushing all occupiers to reassess their office space, but we think that rental growth for prime offices in Brussels should hold up better than the wider market. 22nd July 2021 · 3 mins read
Europe Commercial Property Update High construction costs unlikely to curb 2021 supply With price pressures in the construction sector likely to prove transitory, we think that the hit to activity will be small. That said, we expect construction activity to slow over the coming years on... 14th July 2021 · 3 mins read
Europe Commercial Property Update CEE office occupier activity past the worst Despite poor employment prospects, we are cautiously optimistic on the outlook for CEE leasing activity as the economic recovery gets underway. However, large supply pipelines mean that improving... 8th July 2021 · 3 mins read
Europe Commercial Property Update Paris offices to maintain lead over Lyon Tighter supply conditions and the expected smaller hit from the shift to remote working mean that we think Paris office rents will continue to outperform Lyon over the next five years. 30th June 2021 · 3 mins read
Non-Euro Europe Commercial Property Outlook Emerging Europe: Industrial still a bright spot With virus restrictions set to be eased further, we expect the recovery in economic activity to gather pace from Q3, which should give occupier markets a lift. But the pick-up will not be enough to... 25th June 2021 · 18 mins read
Europe Commercial Property Outlook Economies reopening but headwinds remain for property The easing of virus restrictions has brightened the economic outlook and prospects for occupier markets. And with rises in inflation expected to be temporary, we think monetary policy will remain... 18th June 2021 · 30 mins read
Europe Commercial Property Update Are green commercial leases the future? With emission targets needing to be met by 2030, the race is on for the real estate sector to decarbonise. By forcing tenants and landlords to share the risks, benefits and costs of environmental... 10th June 2021 · 4 mins read
