Spotlight: European Office Value Analysis – Q1 2024
European office yields begin to stabilise during Q1 2024
Read nowWe pride ourselves on our in-depth property research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right property decisions.
European office yields begin to stabilise during Q1 2024
Read now"Falls in the cost of debt and an improving economic outlook have created more capacity for house price growth"
"European office yields begin to stabilise during Q1 2024"
"What are the largest companies doing and what's the impact of AI?"
"Positive leasing momentum remained in Q1 2024, with overall take-up this year set to be in line with 2023"
"Despite easing inflationary pressure positively impacting the direction of consumer confidence, spend growth remains varied by sector whilst anticipation of a recovery is leading to a hiatus in investment activity"
"Greater stability in the mortgage markets has encouraged more domestic buyers back to the outer prime London markets whilst prime central London remains steady having held up more strongly since 2022"
"Scotland’s prime market has seen a record number of agreed sales so far this year, with a recovery in prices in some areas as mortgage rates settle. As more properties become available, realistic pricing will remain essential for underlying demand to continue to translate into transactional activity"
"As the mortgage markets improve confidence has returned to the prime regional markets outside of London. This has seen values bottom out over the first three months of the year as market conditions stabilise"
"Prime rents picked up over the first quarter of 2024 in line with typical seasonal trends, but affordability pressures and increased stock means growth has settled at a lower level compared to the last few years"