Office take-up figures in Amsterdam are slightly up in H1 2020 compared to H1 2019 (+17 per cent), according to a new report from Savills - City Special Amsterdam: ICT saves the day.
Surveys & research
Early indications point to the third quarter being an inflection point in global real estate investment, with markets improving from what was the sharpest decline in recent history.
London Central Portfolio (LCP) is experiencing an influx of international buyers, willing to blind purchase properties in prime London to acquire at the bottom of market pricing.
Iceland, Sweden and Norway show top potential for hyperscale and cloud-scale data centre investment, followed closely by Denmark and the Netherlands, according to research from Savills.
All property yields will move out to 5.99 per cent by the end of the year from 5.67 per cent at the start of the year according to Colliers International, although prime stock across all asset classes will remain firm with possible marginal yield compression.
Global institutional investors are set to prioritise investments into real assets over the next 12 months, as the Covid-19 pandemic continues to have a lasting impact on global economies and financial markets, according to the latest edition of Aviva Investors’ Real Assets Study.
Demand for flexible workspace in Germany grew by 79 per cent in the first quarter of 2020 compared to Q1 2019, and by 20 per cent between Q2 and Q3 of this year, with the top eight cities, including Munich, Cologne and Leipzig, seeing 69 per cent of all flexible workspace demand during the first half of 2020.
The Covid-19 pandemic has become the impetus for transformation within the UK hotel market, with a greater focus on sustainability and experience-led hospitality.
The rental market for warehouse, industrial and logistics properties in Berlin has delivered its best quarterly result since records began, according to sector-specialist Realogis.
Although Covid-19 restrictions began to ease in Q3, the rental market in the capital still struggled to recover, with the average London room rent down 7 per cent, from GBP780 in Q3 2019 to GBP725 in Q3 2020.