Spotlight: European Office Value Analysis – Q3 2024
Tide is turning for European office investment as debt becomes accretive to returns
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Tide is turning for European office investment as debt becomes accretive to returns
Read now"London remains a global legal hub, rivalled only by New York, with unparalleled prestige and career opportunities that consistently attract top talent. However, we are now seeing more diversification in the sector into key regional cities, driven by the search for talent and the appeal of high-quality real estate options and the vibrant, growing ecosystems these cities offer."
"More transactional activity is needed, but yields head in the right direction"
"We had over 250 responses to our November Landlord Sentiment Survey."
"We had just under 1,000 responses to our latest client survey. It suggested that buyer sentiment had softened slightly compared to earlier this year, in the wake of the general election and the immediate aftermath of the Budget. "
"We anticipate that the abolition of ‘non-doms’ status and the additional 2% stamp duty surcharge will result in further downward pressure on prices in the short-term"
"On 30th October, a day before Halloween, the first female Chancellor of the Exchequer delivered the inaugural Budget of the new government. Buyers and sellers in the prime market waited with bated breath to see whether it would be a case of trick or treat."
"We all have dreams. Some wish for media stardom, others to become captains of industry – others still just want to make it big in the glamorous world of property research."
"There have been six Governors of the Bank of England in the past 50 years and sixteen Chancellors of the Exchequer (a number boosted by the installation of a revolving door at Number 11 sometime in 2019)."