This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Negative Sentiment Weighs on European Commercial Property

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


real estate  Portugal  Brazil  Canada  Europe  real estate sector  Italy  Greece  Germany  Russia  China  Scandinavia  real estate investment opportunities  France  Simon Rubinsohn  Royal Institution of Chartered Surveyors  Commercial Real Estate Statistics 

Negative Sentiment Weighs on European Commercial Property

By - Thursday 02 February 2012

Rental and capital value growth prospects for commercial real estate in Europe are lagging behind other world regions. This is the finding of the latest Royal Institution of Chartered Surveyors (Rics) Global Commercial Property Survey, which noted confidence in the sector has been hit by challenging economic conditions. Despite a broadly negative picture in Europe, especially  among countries such as Greece, Portugal and Italy, there are some nations on the continent bucking the trend, most notably Germany.

Both capital values and rents are expected to improve during the first quarter of 2012, the Rics data revealed, while property investment activity in Germany is likely to be robust over the three-month period. Meanwhile, demand among occupiers for commercial premises far outweighs the amount of available space, which is likely to help buoy Germany's market further. Director of commercial research at Savills Mat Oakley is confident there are some bright spots in Europe's commercial real estate sector. "Countries in northern Europe - Germany, France, Scandinavia - all have, I would say, reasonably solid rental growth prospects going forward given that they are facing, in most cases, fairly significant undersupplies of commercial space of all types at the prime-end of the market, and a gentle recovery in demand," he stated.

The Rics survey also highlighted several countries where there are real estate investment opportunities for those with some money to spare. China, Brazil, Russia and Canada were named as the nations where expectations of capital growth are strongest, while the same four nations also topped the table in terms of rental increases. Chief economist at the organisation Simon Rubinsohn commented: "Sentiment remains generally upbeat in many of the faster-growing economies, even if they are likely to grow a little more slowly in the coming year." He added destinations such as Canada and Germany are performing well because financial institutions in these countries "largely shunned the sub-prime credit boom".

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus