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Spotlight: EME Office Value Analysis – Q3 2022
"European prime office yields move out by an average of 40 bps since Q1 2022 due to rising risk-free rates"
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"European prime office yields move out by an average of 40 bps since Q1 2022 due to rising risk-free rates"
"We anticipate the end-year volume to range between €275bn and €280bn. Sheds and Beds will remain the preferred asset classes as in both sectors, a structural supply and demand imbalance is favouring rental growth"
"European occupiers are opting for flex space in order to attract staff back to the office"
"London and Top 7 German office markets remain most attractively priced"
"Rising interest rates and debt costs continue to put pressure on yields"
"European office occupancy rates continue to recover"
"Preliminary results suggest that the total investment volume for Q2 will reach slightly less than €60bn"
"Stabilising vacancy rents continue to support rental growth across European cities"
"Eurozone inflation will eat into real rental growth"
"Rising construction costs begin to squeeze developer margins amid occupier shift to more sustainable office space"