Non-Euro Europe Commercial Property Chart Pack Low rates supportive of further yield compression Despite the softness in economic activity, occupier demand generally held up in Q3. And while there are signs that the cyclical slowdown in the euro-zone is starting to hit CEE markets, given their... 15th November 2019 · 9 mins read
Europe Commercial Property Chart Pack Falls in yields support capital value growth A fall in office and industrial yields supported all-property capital value growth in Q3. However, the slowdown in the retail sector weighed on all-property rental growth. With economic growth... 15th November 2019 · 10 mins read
Europe Commercial Property Update Nordic offices to outperform despite lower withdrawals Office-to-residential conversions in the Nordic capitals have started to lose their appeal given the pick-up in office capital values and softening in house prices. However, we don’t think that this... 1st November 2019 · 3 mins read
Europe Commercial Property Update No upside for Dublin retail rents While the risk of a no deal Brexit has diminished, lingering uncertainty and structural headwinds are likely to put downward pressure on prime retail rents in Dublin over the next two years. 29th October 2019 · 3 mins read
Europe Commercial Property Update Lift-off for Athens prime retail? We expect the upturn in consumer confidence in Greece this year to feed through to a pick-up in retail sales growth, supporting retailer demand in Athens. Coupled with further yield falls, Athens high... 18th October 2019 · 3 mins read
Europe Commercial Property Update Budapest retail and industrial to top the CEE tables The outperformance of Budapest’s office sector is coming to a close, but we still expect the retail and industrial sectors to beat their CEE peers in terms of total returns. 17th October 2019 · 3 mins read
Europe Commercial Property Update Are Korean capital flows here to stay? South Korean capital flows into European commercial property have surged so far this year. Against the backdrop of cheap credit and robust fundamentals in many markets, these flows look set to... 3rd October 2019 · 4 mins read
Europe Commercial Property Update Momentum in Barcelona offices to continue Following a bold start to the year, office take-up in Barcelona looks set to record its strongest year since 2005 which, coupled with falling vacancy rates, should boost rental growth. Indeed... 25th September 2019 · 3 mins read
Non-Euro Europe Commercial Property Outlook Retail yields facing an uptick Our new forecasts reflect Scandinavian prime office yields falling in 2020 and into 2021, on the back of our lower bond yield profile. But retail property in the region faces slight yield rises as... 20th September 2019 · 35 mins read
Europe Commercial Property Outlook Further falls in yields to sustain capital value growth With the euro-zone slowdown underway, we think that the ECB will loosen monetary policy before the year is out, meaning bond yields are set to remain negative for some time. As a result, yield... 11th September 2019 · 30 mins read
Global Trade Monitor World trade slows further as US-China tensions ratchet up World trade volumes contracted again in the second quarter, and forward-looking indicators suggest that trade growth is likely to stay subdued, just as the US-China trade war is heating up again. 27th August 2019 · 6 mins read
Europe Commercial Property Valuation Monitor Falling bond yields buoy property valuations A second consecutive quarter of sharp falls in bond yields has driven improved valuations in 90 of the 93 markets that we cover. As a result, less than a third of all markets look overvalued, the... 23rd August 2019 · 7 mins read
Global Economics Update PMIs suggest no respite for manufacturing PMI surveys for August imply that growth in advanced economies has slowed further in the third quarter. But one crumb of comfort is that the weakness in manufacturing has not yet weighed much on... 22nd August 2019 · 2 mins read
Non-Euro Europe Commercial Property Chart Pack Economic slowdown feeding into slower rental growth Slower growth in both developed and emerging economies has started to filter through into property occupier markets, with office demand generally lower than a year ago and fewer cities registering... 19th August 2019 · 9 mins read
Europe Commercial Property Chart Pack Slowing rental growth leading to investor caution There has been a gradual slowing in rental growth in the last couple of quarters, with a particularly large drop-off in retail rental growth. This has been echoed in the investment market, with all... 19th August 2019 · 10 mins read
Global Economics Chart Pack Sentiment sours on escalation of trade war Sentiment regarding the near-term prospects for the global economy has soured over the past week or two, triggered in part by the escalation of the US-China trade war. Indeed, there are increasing... 8th August 2019 · 12 mins read
