Market Reports Europe

According to Savills, the proportion of office space taken up by technology, media and telecoms (TMT) companies across the European office market now stands at 17%, an increase by 2% year-on-year (yoy). At the same time, prime CBD rents have increased by 5.1% yoy in Europe as historically low vacancy rates meet rising take-up...

According to Savills latest research, lower government bond yields have been the influential driver of office yield compression across Europe’s markets, which has had a huge impact on the lending community across Europe. Lending rates to CBD offices have dipped below 1.5% per annum on most of Europe’s core cities, with c. 60%...

Economic growth in Europe has slowed more than expected in 2019, mainly due to the rising trade tensions between the US and China. All told, growth in the Eurozone could come in at around 1.1% in 2019, compared to 1.9% in 2018. “The main feature to watch within Europe will be the geopolitical situation in countries like the U...

Multifamily housing is the second largest sector for real estate investment in Europe, and could become the dominant sector, according to new research by global real estate advisor CBRE. International investors are putting record volumes of capital into multifamily housing in Europe. With €52bn of cross-border capital committ...

The European logistics sector continues to perform strongly with strong rental growth and investor demand driving down yield by 2bps, whereas yields in the European office and retail sectors remained flat, according to Cushman & Wakefield’s latest DNA of Real Estate Q2 2019 report.

Following the record volumes achieved in 2017, the market remained strong, fuelled by e-commerce and constrained by short supply plus low vacancy rates across Europe. Demand is strong, take-up levels are 15% above the 5-year average. Some countries like Germany, Spain and the Netherlands hit a new record volume of transaction...

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August 2016—as revenues dropped and costs escalated, according to the latest data tracking full-service hotels from HotStats.

European hotel transaction volumes reached €18.6 billion in 2018, a decrease of 14% on the previous year, but still the fifth highest level recorded, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott.

Since 2018 began, Eurozone growth has been slowing. The slowdown can be explained by several factors: a mechanical effect after a buoyant 2017, political uncertainties and the emerging supply constraints. The unemployment rate is close to its structural level (where there is mismatch between jobs and skills) as opposed to its...

European hotel investment volumes reached a record high of €23.0 billion in 2018, according to the latest data from leading global real estate advisor, CBRE. This represents a 3.4% increase on a strong 2017, and is 73.2% higher than the ten-year sector average. The total real estate investment volume for all sectors in Europe...

The latest ECM-MKG European Destinations Observatory report points out that, in European cities, the Revenue Per Available Room (RevPAR) experienced a 3.9% increase in the first 9 months of 2018. The Occupancy Rate increased by 0.9 points and the Average Daily Rate (ADR) by 2.6%. Midscale and Upscale/Upper Upscale are on a dy...

Investment into European real estate in the third quarter of 2018 reached €69.2 billion, the second strongest Q3 on record, and bringing the total for the first three quarters of 2018 to €216 billion, according to CBRE. Looking at the 12-month trend, investment volumes are broadly flat compared to the same period in the previ...

According to the latest research of HotStats, hotel performance in Europe remained hot in September, with key performance indicators showing continued resilience. Year-over-year profit per room increased by 3.7 percent year-over to €96.80, which was second only to the peak recorded at hotels across the region in June at €105....

The growth in new European shopping centre space has started to slow, as mature European markets begin to reach the peak of space required, according to the latest research from Cushman & Wakefield. Over the last two decades, Europe has seen an average of 5.4 million square metres (sq m) of new shopping centre space built eve...

The logistics market remains strong but adjusted down following the exceptional volumes achieved in 2017. There is no surprise to see a slump in take-up for warehouses over 5,000 sqm compared to the historic volume achieved in 2017 (-14%). The logistics occupational market is still strong though and above its 5-year average m...

Colliers International reveals that demand for office space in EMEA was strong in the first half of 2018, sustained by continuously growing rates of employment and a pronounced shortage of good quality Grade A office space in prime locations close to city centres. The „EMEA City Office Q2 2018 Snapshot“ also reveals that the ...

Hotel real estate investment in Europe reached €21 billion in the 12 months to Q2 2018, representing a 5.8% increase in transaction volumes year-on-year, according to the latest data from CBRE. Total investment volumes of all real estate sectors in Europe saw an increase of 4% on the same period last year.

According to BNP Paribas Real Estate, the economic development in the Eurozone has started to pick up pace. They state the first quarter of 2018 saw a marginal slowdown, but the actual rate of growth was resilient for the Eurozone (+0.4%) as a whole. This was supported by strong growth in Germany (+0.3%), the Netherlands (+0....