Spotlight: European Office Development
Rising construction costs squeeze developer margins, but rental growth outlook remains positive
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Rising construction costs squeeze developer margins, but rental growth outlook remains positive
Read nowSavills presents the Portugal Real Estate Market Overview | Q1 2024, providing you a detailed analysis of the performance of the national real estate market during the first quarter of the year.
Read now"More certainty around interest rates and borrowing costs should help to facilitate a floor in pricing for offices, and eventually a recovery in investment activity, particularly for those investors who can separate the art from the artist"
"Rasheed Hassan, Head of Global Cross Border Investment, shares his views"
"Average prime European office yields move out by 20 bps during Q3 2023, as Berlin, Amsterdam, Madrid and Munich sit within fair pricing territory"
"Operators increase occupancy rates before further expansion expected in 2024"
"Professional and business services drive European office take-up in H1 2023"
"Capital markets are largely subdued. Office investment volumes remain suppressed as market conditions continue to support a wait-and-see approach from many investors. Negative sentiment in the US is spreading globally, weighing on investor appetite for offices, irrespective of the occupational backdrop"
"The US office sector remains the problem child of global commercial real estate"
"Rasheed Hassan, Head of Global Cross Border Investment, shares his views"
"Europe and Middle East average prime office yields moved out by an average of 18 bps during Q2 2023 as value add investment activity will dominate in H2 2023"
"Flight to quality prime space contributing to quarterly cost increase"