Europe Economics Update Political limbo poses growing risk to Spain The latest deal between two Spanish political parties does not guarantee the formation of a government and new elections may take place before long. While the economy has weathered the uncertainty... 25th February 2016 · 1 min read
Europe Commercial Property Update Flat retail rents in Spain are not a sign of things to come Retail rents in Madrid and Barcelona were flat in Q4. Yet the steady outlook for consumption, coupled with strong growth in tourism, suggests that rents will resume their upward trend this year. 4th February 2016 · 1 min read
Europe Data Response France, Spain & Austria GDP (Q4, 1st est.) Provisional Q4 GDP data from France, Spain and Austria suggested that the euro-zone’s modest economic recovery is unlikely to have gathered steam in the final quarter of last year, providing a weak... 29th January 2016 · 1 min read
Europe Economics Update Spanish election deals another blow to austerity The inconclusive result of the Spanish general election is set to trigger a period of political uncertainty which could slow the country’s economic recovery. But it also represents another blow to the... 21st December 2015 · 1 min read
Europe Economics Update Will the election threaten Spain’s recovery? The likely advent of a coalition government after this Sunday’s Spanish general election looks unlikely to bring the country’s robust economic recovery to a halt. But a period of political instability... 17th December 2015 · 1 min read
Europe Commercial Property Update Spanish property values set to grow strongly in 2016 The loose monetary policy environment will help to underpin investor sentiment toward Spain in 2016, keeping property yields low despite an increasingly uncertain political backdrop. And with ample... 15th December 2015 · 1 min read
Europe Data Response German & Spanish Industrial Production (Oct.) October’s unexpectedly-small rise in German industrial production was another signthat GDP growth in the euro-zone’s largest economy has passed its peak. 7th December 2015 · 1 min read
Europe Commercial Property Update What explains the slowdown in Spanish property investment? The impact of Spanish REITs on investment last year, and the growth of mergers and acquisitions this year, explain why headline figures appear to show a slowdown in Spanish property investment. Yet... 24th November 2015 · 1 min read
Global Markets Update Are Spanish government bonds fairly priced? Spain has been one of the stand-out economies in the euro-zone this year. However, the recent political developments in Catalonia and Portugal are a source of concern and opinion polls suggest that... 13th November 2015 · 1 min read
Europe Economics Update Just how worried should we be about Spain? Political developments in Spain could not only dampen the country’s previously strong economic recovery but also threaten to re-ignite the euro-zone’s debt crisis. 12th November 2015 · 1 min read
Europe Data Response German & Spanish Industrial Production (Sep.) September’s unexpectedly sharp fall in German industrial production was a worrying sign that GDP growth may have slowed in Q3 even in the euro-zone’s strongest economy. 6th November 2015 · 1 min read
Europe Data Response Spain & Austria GDP (Q3, 1st est.) Spain’s economic growth slowed a touch in the third quarter, suggesting that the country’s impressive recovery may be starting to lose a bit of steam. 30th October 2015 · 1 min read
Europe Data Response German & Spanish Industrial Production (Aug.) August’s sharp falls in German and Spanish industrial production suggest that weakness in emerging economies may have caused their GDP growth to slow in Q3. 7th October 2015 · 1 min read
Europe Economics Update Catalan cloud could rain on Spain This weekend’s regional election could put Catalonia on a course towards secession, casting a cloudover Spain’s recovery and galvanising other independent-minded regions of the euro-zone 22nd September 2015 · 1 min read
Europe Commercial Property Update Should property investors be worried about the elections in Spain? Both the regional election in Catalonia later this month, and the general election in December, represent a risk for property investors in Spain. Yet there are a number of reasons to believe that the... 17th September 2015 · 1 min read
Europe Chart Pack Deflation dangers still lingering While the crisis in Greece appears to have receded at least temporarily, the euro-zone still faces serious challenges in the form of weak growth and persistent deflation risks. As the Chart below... 2nd September 2015 · 1 min read
