Analysis

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Publication

Research

Briefing note: Restaurant expansion in shopping centres: path to success or a wrong turn?

"People are eating away from home with increasing regularity. Many shopping centres are responding to this appetite for eating out with a larger restaurant offering, killing two birds with one stone. They are replacing unproductive retail space and positioning themselves as leisure destinations. Is this a promising strategy?"

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Publication

Residential

Spotlight: Student housing Germany

" The number of students in Germany reached a new record level of approx. 2.8m in the 2016/17 winter semester. The number of foreign students grew more rapidly than the domestic total. However, there is an end to the growth in sight. Almost a third of the 60 largest university cities registered stagnating or falling student numbers last year. Nevertheless, there remains an undersupply of student housing in almost all cities. The provision rate is approx. 11%. "

Publication

Office Space

Briefing note: three reasons why office rents will continue to rise

"Office rents in the top six cities have risen continuously since 2004 with the exception of 2009, the year following the financial crisis. We believe this rental growth will continue over the coming years, regardless of the consequences of the Brexit vote, and put forward three arguments in favour of this assertion. Trends in office rents are dependent on three influencing factors: demand for, supply of and development costs of office space. Consequently, we will look at these three aspects more closely below. In brief, however, all three criteria point towards office rents continuing (and accelerating) their growth over the coming years."

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