SUMMARY Retailer demand remains robust in the prime pitch, however, we have also seen ferocious rental bidding activity in some of the new emerging pitches in Mayfair. Prime Zone A rents grew by an average of 3.1% over Q3. Occupier demand for Bond and Regent streets remain strong suggesting prime rents will continue to see marked growth over the short-medium term. 'True' vacancy ...
Spain’s prime residential markets are recovering with Mallorca, Ibiza and Barcelona leading the way. Kate Everett-Allen, International Residential Research, looks at the latest trends in Spain’s luxury homes market.
KEY FINDINGS
The new ‘golden visa’ is expected to attract a significant number of non-EU investors when it takes effect in 2014.
Mallorca, Ibiza and Barcelona are ...
SUMMARY The economic situation in the Euro area continues to disappoint. GDP was down 0.2% q-o-q in Q1 2013, for the sixth consecutive quarter. Moreover, confidence indicators remain extremely low by historic standards and signal that activity might fall again in Q2 although at a slower pace. For the whole year, GDP might decrease by around 0.8%. Even though it is not immune to the global ...
SUMMARY
According to the results of the REIDIN-GYODER New Home Price Index, August 2013 the following changes were registered on the Turkish residential market:
• There was a 2.66% increase with respect to the previous month and in compliance with August 2012 there was an increase of 12.47%;
• ‘Branded Projects’ in Istanbul’s European side showed a 1.48% increase, while ...
SUMMARY
For the first Quarter of 2013, the occupancy/vacancy and average rental rates for the Istanbul Office Market are summarized below based on the ‘location categories’.
• The general vacancy rates for Class A buildings in the Central Business District (CBD) increased from 10.7% in the last quarter of 2012 to 10.9% in the first quarter of 2013. This slight increase ...
2013 is seeing another change in the evolution of the World Economy. The balance of economic activity may still be shifting towards emerging markets, but China and the other BRIC economies have clearly lost momentum in the past 12 months. More encouragingly, developed economies that were badly affected by the 2008 crash, including the United States, GCC and parts of Europe appear to have started ...
In the first half of 2013 the total commercial investment volume in our survey area was close to €50 bln, about 3% higher compared to the same period last year. Investment activity in the peripheral markets increased by 19% pa compared to 2% pa increase in the core markets.
The top 3 markets of UK, Germany and France once again accounted for 76% of the total investment volume of ...
The enlargement of the European Union, continual infrastructure development and the growth of a consumer mass market in CEE are contributing to redefine distribution patterns in Europe and supporting the development of new freight traffic routes. These developments are in turn impacting European logistics markets and leading to the emergence of new industrial and distribution hubs. Some of these ...