The global economic recovery has begun to hit its stride in most regions, with workforces in many countries planning to return to the office in the second half of 2021, transaction activity increasing, and strong gains forecast for investment in sectors including industrial & logistics and multifamily, according to CBRE’s 2021 Global Midyear Market Outlook.
Surveys & research
New data from market overseas property portal Kyero.com has outlined the latest changes in the European overseas property market during Q2 2021, as the company highlights growing potential in France.
With European countries set to exit pandemic-era restrictions and move into their ‘post-Covid’ phase by late summer, Europe’s real estate markets are well positioned to mount a robust recovery, despite the complications posed by the Delta variant.
Office megadeals make a comeback in Europe as commercial property investment gains momentum in Q2, says Colliers
There has been a resurgence of interest in Europe’s property markets in the second quarter amid growing investor confidence in the region’s recovery prospects according to Colliers’ latest market snapshot for Europe, the Middle East and Africa (EMEA).
Robust rental growth and declining yields at All Property level are evidence of a post-lockdown rebound in values, says CBRE
CBRE’s latest Prime Rent and Yield Monitor showed a quarter of rental growth across the Industrial and Office sectors with average All Property prime rents rising 0.9 per cent in Q2 2021, the strongest growth since Q4 2017.
Leisure sector is star performer for rent collection in 21 days following June quarter day, says Colliers
New figures from Colliers show that the ability to pay rent has improved across all sectors, jumping from 68 per cent collected on June quarter day to 87 per cent in the 21 days (June +21) following.
A total of 24 new hotels, comprising 4,500 rooms, will be delivered in Dublin by the end of 2023, according to property advisor, Savills Ireland.
Deserted tube stations and cancelled commutes have prompted forecasts of a revolution in the way people work today and doom for the traditional 9-5 in the office.
Office investment has seen the best month since December 2019 with GBP2.7 billion transacted according to Colliers’ Property Snapshot research.
Investment in UK retail property is beginning to rebound with transaction volumes totalling GBP2.76 billion in the first half of the year, up 80 per cent on the same period in 2020, according to new analysis from Knight Frank.