According to the latest data from property advisor, Savills Ireland, the total take-up of Dublin office space in Q1 was over 100,000 sq ft, which is low by historic standards but not altogether surprising given the Covid-19 restrictions in place. A total of 15 individual transactions were completed during the quarter.
Surveys & research
The European Council of Shopping Places (ECSP), the association which provides a dedicated voice for the European retail property sector, has released its position paper responding to the financial impact of Covid-19 on the retail property sector.
More than 70 per cent of institutional investors plan to expand their real estate share over next five years, says PATRIZIA survey
According to the latest research by PATRIZIA, 72 per cent of institutional investors plan to expand their real estate portfolios over the next five years.
New research from Cushman & Wakefield reveals the purpose-built student accommodation (PBSA) market has been remarkably resilient over the last year despite the shadow of Covid-19, as the number of new beds increases and the development pipeline remains strong.
The UK healthcare property market saw record investment volumes in 2020 totalling GBP2.7 billion despite the Covid-19 pandemic, 55 per cent higher than last year, as investors increasingly seek stable returns and long-term secure income, according to global property adviser Knight Frank.
After a year of the pandemic, German office markets are proving to be largely resilient to the crisis, despite the continuing high level of uncertainty and the resulting decline in take up.
A total of GBP2 billion worth of capital was invested into UK commercial real estate during February, with overseas investors accounting for half of all investment activity so far this year, according to Colliers’ latest Property Snapshot.
The data centre market has seen a significant increase in demand over the past year, with the EMEA markets in 2020 seeing take-up rise 11 per cent higher year-on-year to a substantial 701MW, and a 19 per cent increase in new supply, totalling more than 1,589MW, according to the latest research by global property adviser Knight Frank, in partnership with DC Byte.
Results from the latest INREV Pan-European Quarterly Asset Level Index have revealed a steady improvement in performance for Q4 2020, with total returns reaching 1.92 per cent – a significant uplift compared with the 1.21 per cent seen in Q3.
The UK’s specialist student accommodation platform, UniHomes, has revealed how Russell Group (RG) universities have impacted the housing markets in which they are located, looking at the price of property, the cost of renting and the average rental yield available to buy-to-let landlords.