According to Savills latest research, German office vacancy rates have risen for the first time in years, a trend that is likely to continue over the coming months owing to economic and structural developments.
Surveys & research
Commercial real estate investment hit a six-month high in September with GBP3.2 billion being transacted during the month, the highest figure since March 2020, reports Colliers International.
According to recent RCA figures analysed by Savills, German and French investors are on track to allocate more capital to real estate than last year in a number of European countries.
German residential investment market could see second highest transaction volume on record, says Savills
According to Savills, the German residential property market has been almost unaffected by the Covid-19 pandemic this year. Transactions involving properties with at least 50 apartments changed hands for approximately EUR15.8 billion in the first three quarters of 2020. This represents an increase of 29 per cent year on year as well as a 29 per cent increase on the five-year average.
The Nordic real estate markets have shown resilience in 2020, despite the economic turmoil caused by the coronavirus pandemic, according reseatrch by Catella.
Real estate assets to fall by up to 10 per cent or more in value, but will bounce back by 2021, says Duff & Phelps
Duff & Phelps, a provider of governance, risk and transparency solutions, has published a survey revealing that nearly four in 10 investors (39 per cent) expect commercial real estate assets to fall between 5-10 per cent in value in 2020, whilst nearly a third (31 per cent) predict a fall of 10 per cent or more as a result of the pandemic.
According to Savills, the German commercial real estate investment market recorded a transaction volume of EUR41.1 billion in the first nine months of the year. This is in line with the five-year average and represents a decline of only 9 per cent year on year.
Frankfurt, London, Amsterdam and Dublin data centre markets set to reach 1,000 MW by 2023 says Knight Frank
Knight Frank, the global property adviser, has launched The Knight Frank Data Centre Report in partnership with DC Byte, which looks at all data centres as an asset class, including both enterprise and colocation developments, across twelve key European markets.
According to Savills, demand for Swedish multifamily (residential) assets is set to increase as investors seek a stable income in a safe market due to the ongoing Covid-19 pandemic.
Capital values fell -0.3 per cent for the third consecutive month across all UK Commercial property in September 2020, according to the latest CBRE Monthly Index.