London office buildings that achieve the highest standards in sustainability can achieve up to a 12.3 per cent premium in rents, according to a new analysis from global property advisor Knight Frank.
Surveys & research
The European retail sector is increasingly looking more attractive to opportunistic investors, based on recent developments in the UK that tend to forecast real estate developments in wider Europe, according to Savills.
The INREV Funds Termination Study 2021 reveals that 35 European closed end non-listed real estate funds are due to terminate between 2021 and 2023, releasing a potential EUR10.4 billion in Gross Asset Value (GAV) back into the market.
Colliers is predicting total returns growth across commercial property sectors of nine per cent in 2021, driven by the booming industrial sector and a recovery in office occupancy and improved appetite for retail assets.
Most of the capital invested in commercial real estate in Central and Eastern Europe (CEE) in the first half of this year went to Poland and forecasts for the domestic investment market are very optimistic, says Walter Hertz, a Poland-based commercial property specialist.
Savills forecasts 474,000 sq m of new office and lab requirements from Euoropean life sciences sector
According to Savills latest research using Pitchbook data, EUR13.2 billion of venture capital (VC) was raised by European headquartered life science companies between 2014 and 2018, resulting in over 650,000 sq m of office and lab deals across selected European life science markets between 2016 and 2020.
A report recommending a package of proposals to expand opportunities for custom and self-build housing could play a role in tackling the UK’s housing crisis, according to the Land Promoters and Developers Federation (LPDF).
Services, manufacturing and pharma sectors driving European office demand as yields move in, says Savills
According to Savills latest research, there has been a shift in demand for European office space away from the tech sector (21 per cent to 14 per cent of take up yoy), towards the advanced manufacturing and pharmaceutical sector (increasing from 5 per cent to 13 per cent), and real estate (2 per cent to 10 per cent).
Asset owners and landlords are making ‘massive’ moves to upgrade and update commercial properties around the world, according to new research published by Knight Frank Asia Pacific: ‘Repurposing on the Radar – A Unique Opportunity at an Exciting Time’. As Covid-19 induced lockdowns expose the weaknesses of income-producing properties, some two-tier markets have formed.
In its latest research study, the Empira Group, a leading manager of institutional real estate investments, compared the energy footprint of new and existing residential buildings in Germany and Europe. The core finding of the analysis is that national and European climate targets can only be met if significantly more new housing is built by the private sector.