Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.
The average share of flexible office space take-up in Europe reached 7.5% in Q1 2018, up from 7.2% in 2017 and almost three times higher than 2016, according to Savills. Over the past five quarters, more than 820,000 sq m of office space was taken by flexible workspace providers. Of this, 26% is located in London, 15% in Pari...
Following a period of lacklustre growth in Q1 2018, hotels in Europe recorded an impressive 18.9% increase in profit per room in April as a result of soaring revenues and falling costs, according to the latest worldwide poll of full-service hotels from HotStats.
According to Savills, the continued fall in unemployment across Europe is leading to strong office demand and forcing tenants to look to non-Central Business District (CBD) locations. Prime CBD rents are now on average 4% higher year-on-year (yoy) and 2% above the 2007-2010 rental peak, according to Savills latest European Of...
In the 19 countries analyzed by Catella, a total transaction volume of €48.1 billion was achieved in 2017. 32% of this was achieved in Germany alone, followed by UK with a share of 15%. The taillight in this ranking is Belgium with merely €55.8 million. According to the analysis, the average purchase price for owner-occupied ...
The UK, Germany and Spain are the three most attractive hotel investment destinations in Europe, with more than two-thirds (69%) of investors identifying these markets as the preferred countries for hotel investment in 2018, according to CBRE’s European Hotel Investor Intentions Survey 2018.
The latest ECM-MKG European Destinations Observatory report revealed that, in European cities, the Revenue Per Available Room (RevPAR) experienced in 2017 a 6% growth compared to 2016. The Occupancy Rate increased by 2.2 points. Overall, growth can be observed throughout the continent, especially in the Iberian Peninsula, UK ...
2017 was a very successful year for the office letting market which achieved the best result by far in 10 years. The market thrived in most cities over the year, especially in the 3 largest countries, where large occupational deals boosted the market. Thanks to Germany’s good economic performance, the country’s 4 main markets...
The European hotel market is on track for growth thanks to a rise in tourist demand in Europe in 2017. The number of travellers rose by 8% year-on-year to 671 million, putting the growth in demand in Europe at four times that of the global market. Average room occupancy in Europe has risen by 2.4 percentage points to 72%. Ave...
European hotel transaction volume reached €21.7 billion in 2017, up 22% on 2016 and the second largest figure ever 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.
Robust revenue growth and cost savings helped hotels in Europe record a 16.0% year-on-year increase in profit per room in January, signalling a very strong start to 2018, according to the latest worldwide poll of full-service hotels from HotStats.
The logistics market in Europe is thriving boosted by a favourable economic backdrop. Take-up for warehouses over 5,000 sqm grew by 9% in 2017 compared to 2016 in the 21 cities regularly followed by BNP Paribas Real Estate. Historical volumes have been reached in France, Spain and the Netherlands. The overall take-up is 15% a...
Demand for logistics space is supporting rental growth and driving yields lower across Europe, according to Cushman & Wakefield’s latest DNA of Real Estate report. Logistics rents grew 0.6% at a European level in the final quarter of 2017, ahead of offices at 0.4% and a 0.3% decline in retail. Prime logistics yields also saw ...
Hotels in Europe recorded a 7.0% increase in profit per room in December, which concluded a positive year of performance for hotels in the region, according to the latest worldwide poll of full-service hotels from HotStats.
A lack of available office space in prime CBDs across Europe is set to lead to a fall in take-up and further rent rises throughout 2018, adding to the 4.9% prime rental increase seen during 2017, according to new research from Savills. Thier European Offices Market Report forecasts that total office rental growth in 2017 will...
The recent restructuring of Europe's retail parks is improving investor perception of the prime retail warehousing sector, says Savills. The Savills has recorded that the total investment volume over the first three quarters of this year was close to €6.6bn, already 60% of last year's level and almost double the 10 year long ...
United Kingdom, Germany, Spain and France compete for the top 5 positions in the European Top 30 Mass Market. London leads the way with a record value of 13,560 pedestrians per hour in Oxford Street. The survey highlights the strength of the main German regional capitals, with Munich and Frankfurt being in the Top 5.
Europe’s occupier markets continue to benefit from positive economic indicators according to new research out from Cushman & Wakefield. In its latest Q3 2017 The DNA of Real Estate, rental growth in the European office sector accelerated to an annualised 2.7% from 2.1% in the previous quarter following a 0.5% quarterly increa...
GOPPAR levels for hotels across Europe peaked for the year at €93.88 this month, as punchy room occupancy levels enabled hoteliers to leverage achieved average room rate, according to the latest worldwide poll of full-service hotels from HotStats. Room occupancy levels at hotels in Europe hit 82.5% this month, the highest lev...