SUMMARY: The UK economy continues to recover, boosted by strengthening labour and housing markets. A strong 2014 expected for UK property, as rental growth accelerates and yields harden. Increasing optimism surrounds the occupier market, with improving prospects for rental growth in the South East and the regions. Strong return prospects for the South East and regional markets, ...
Growth data for the first nine months of 2013 show a discernible improvement in the economy over the previous year. Turkey’s economy maintained its recovery trend with 4.4% growth in the third quarter of 2013 compared to the same period in 2012. However, the Central Bank of Turkey’s inflation rate target of 6.8% was exceeded, with inflation reaching 7.4% as of the end of 2013.
While ...
“It is our view that a proper national rental rebasing will not have washed through the high-street retail market until 2015/16.”
SUMMARY
For the consumer we expect that 2014 will be a year of improving optimism and declining savings ratios. This will feed through into higher spending in the nation's high streets and shopping centers.
2014 will see a highly fragmented ...
SUMMARY
The general vacancy rate for class-A office buildings in the Central Business Districts (CBD), climbed to 16.2%. An increase in stock was the main reason of this escalation. The vacancy rate for class-B office buildings was 7.9%.
The average rent for class-A office buildings in the Central Business Districts (CBD) was US$ 30.3 /m²/month. The rental average for Class-B ...
All three Baltic countries have continued demonstrating one of the best growth results and shape of government finance within the EU, continuously rising private consumption as well as retail trade, stable consumer and business confidence.
2013 IN BRIEF
International investors who were previously reluctant to enter the Baltic region because of relatively small markets, currency risk ...
Reduced occupancy footprints and an upgrade to better-quality space are two global trends that show no sign of letting up anytime soon. From New York to London to Hong Kong, business leaders continue to monitor their real estate costs and no longer tolerate “wasted space.” But cost is not the only way to achieve efficiency. Floor-plate size, design and layout, and collaborative work spaces ...
The Euro area has finally emerged from recession, although the recovery remains fragile. However, the recovery in the US, which had been gaining momentum, now faces the uncertainty of a partial shutdown of the federal government. Parts of Asia Pacific have seen prospects weaken in the first half of 2013, most notably in China and India. Concerns over the ...
Colliers International Healthcare Overview provides a brief snapshot of the key factors impacting the Turkish Healthcare sector and its future outlook. Introduction The healthcare system in Turkey is being developed under the 2003–2013 Health Transformation Program. The purpose of this program is to increase the quality and efficiency of the healthcare system and enhance access to ...