Europe Economics Weekly Signs of growth convergence provide little comfort Q3's meagre rise in euro-zone GDP clearly was disappointing, but there were some signs that growth within the region is converging. The slowdown was largely down to weaker growth in Germany and France... 18th November 2013 · 1 min read
Europe Economics Update Downgrade highlights France's slow fiscal progress The downgrade of France’s sovereign credit rating last week highlighted the country’s fiscal problems. Although a French debt crisis is still a fairly distant prospect, France’s weak fiscal position... 11th November 2013 · 1 min read
Europe Commercial Property Chart Pack Robust investment market built on shaky fundamentals The improvement in the euro-zone economy has supported a relatively active quarter for commercial property investment in Q3. Moreover, some types of investors have become increasingly willing to look... 6th November 2013 · 1 min read
Europe Economics Update Any fall in French unemployment will be largely illusory Contrary to expectations, French President François Hollande may fulfil his promise to reduce unemployment by the end of the year. But he will do so by relying on temporary initiatives rather than... 31st October 2013 · 1 min read
Europe Data Response French & Italian Ind. Production (Aug.) The latest industrial figures heighten the risk that both the French and Italian economies contracted in Q3, confirming that the euro-zone’s recovery is strongly reliant on Germany. 10th October 2013 · 1 min read
Europe Economic Outlook Growth prospects improve, but crisis unresolved The European economy has shown further signs of recovery, with the euro-zone finally emerging from recession in the second quarter and other parts of the continent also faring better. But growth in... 8th October 2013 · 1 min read
Europe Commercial Property Update Are opportunities emerging in European non-prime property? The spreads between non-prime and prime yields in some of Europe’s core property investment markets have widened over the past few years. But without stronger evidence of a sustainable economic... 3rd October 2013 · 1 min read
Europe Commercial Property Update What next for French and German capital values? September’s MPC minutes suggest that, despite the arguably disappointing impact of forward guidance, the Committee is happy with its policy stance. A resumption of quantitative easing (QE) before the... 17th September 2013 · 1 min read
Europe Economics Weekly Data dent hopes of French renaissance July’s French industrial production data were a blow to hopes that the economy is staging a longawaited recovery. With business surveys at low levels, consumer confidence weak, unemployment rising and... 16th September 2013 · 1 min read
Europe Data Response Italian GDP (Q2) & French Industrial Production (Jul.) Although Q2’s final Italian GDP figures painted a reasonably encouraging picture, timelier hard data, such as the French industrial production numbers for July, suggest that the euro-zone economy... 10th September 2013 · 1 min read
Europe Data Response Italian GDP (Q2) & French Industrial Production (Jul.) Although Q2’s final Italian GDP figures painted a reasonably encouraging picture, timelier hard data, such as the French industrial production numbers for July, suggest that the euro-zone economy... 10th September 2013 · 1 min read
Europe Data Response German & Spanish Ind. Prod./ German & French Trade (Jul.) Data for July revealing falls in German and Spanish industrial production and a deterioration of Germany and France’s trade balances support our view that the eurozone’s economic recovery will be very... 6th September 2013 · 1 min read
Europe Commercial Property Update What can we glean from regional unemployment data in the euro-zone? Unlike in Germany, regional labour market data from elsewhere in the euro-zone do not give much of a steer on the likely near-term paths of local office market vacancy rates. However, they do suggest... 6th September 2013 · 1 min read
Europe Commercial Property Outlook No boom, but better times to come The economic outlook for the euro-zone has brightened since our previous Analyst, prompting us to increase our forecasts for commercial property capital values and total returns. Indeed, our less... 28th August 2013 · 1 min read
Europe Economics Update Respite from French recession, but recovery hopes overblown Q2’s 0.5% quarterly rise in French GDP, which was the strongest in over two years, has prompted optimism that the economy has finally joined Germany on a path to solid growth. But while we have... 15th August 2013 · 1 min read
Europe Economics Update Will Hollande reverse the trend in French unemployment? Time is running short for President François Hollande to fulfil his vow to reverse the trend of rising French unemployment by the end of 2013. Despite the recent improvement in the business surveys... 6th August 2013 · 1 min read
