Whether our clients are acquiring, selling, managing or investing in property, good decisions depend on accurate, carefully analysed information. Our team makes a close study of real estate globally, delving into specific sectors and markets as well as exploring broader real estate trends. We report back to our clients via publications, reports and presentations.
Why do they choose to work with us?
The research team has access to data, market intelligence and human expertise from a worldwide network of CBRE offices. The EMEA research team alone numbers 106 people in 43 EMEA countries and incorporates a specialist cross-border research team. The findings we report to our clients have a depth - and a value - that other firm’s researchers cannot match. It’s how we give our clients a competitive edge.
Which specialist services do we offer?
Regular local market analysis and reports
Analysis and reporting of regional and global trends
For years, the Dutch housing market was essentially exclusive to domestic investors, as a result of government policies that are now changing. How quickly an entire market has opened up in response to these policy changes is remarkable.
Pharmaceutical companies hold some of the largest property portfolios of any industry group. The challenges facing the sector therefore potentially have substantial implications for property markets.
§Based on CBRE’s recent survey, there is a strong indication of further reduction in direct ownership of property assets by corporates in the sector. This may include monetisation of specialist assets such as Research and Development (R&D) and manufacturing facilities.
§Further Mergers and Acquisitions (M&A) activity is also identified as a catalyst for consolidating real estate footprints. The level of satisfaction in the sector with post-M&A rationalisation processes is variable. Because of this - and the fact that industry analysts expect M&A activity to deliver value more rapidly – a significant proportion of companies believe they need to introduce further changes to accelerate delivery of future M&A goals.
After a positive return in Q2, European take-up fell back by 6.9% in Q3 2014 reflecting fresh concerns over the strength of the economic recovery in Europe. With a few exceptions a sustained period of improving occupier demand has not yet emerged across European markets.
The EU-28 vacancy rate recorded the sharpest quarterly drop since 2007, falling to 11.2%. The decline was driven by reductions in vacant space in key markets including London and Frankfurt.
Prime rental growth continues to be confined to the strongest performing markets – namely London, Dublin and Oslo in Q3. In most EMEA markets occupier demand is yet to improve to a level which would generate prime rental growth.
Office completions for 2014 are expected to increase by around 20% on the 2013 level and are forecast to reach a similar level in 2015. These levels are around 50% below the peak of development in 2007/08.