European commercial real estate markets saw continued growth in Q2 2014 with further yield compression supporting value growth across all property sectors and a number of markets also reporting modest rental increases, according to the EMEA Prime Rents and Yields survey from global property advisor CBRE.
The increasing liberalisation of regulatory restrictions on Asian insurance companies could lead to an additional US$75 billion (£44 billion) entering global real estate markets by 2018, with London and New York among the key targets.
London’s West End remained the world’s highest-priced office market, but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Global Research and Consulting’s semi-annual Global Prime Office Occupancy Costs survey. The study also found that rents are rising fastest in the Americas, where real estate fundamentals continue to improve significantly.
Global Leaders in Commercial Real Estate
Our commercial property consultants combine the market-making of management consultants with the accountability of professional advisors. We work with occupiers, investors and developers of office, industrial and logistic, retail and hotel property.
We provide: strategic advice and execution for property investment, sales and leasing; tenant representation, corporate services; facilities, property and project management; appraisal and valuation; development services; energy and sustainability services, and research and consulting.
The Italian CRE investment volume in Q2 2014 reached €910 million, an increase of 26% compared to the previous quarter but a 36% decrease on year-on-year base.
The growing interest from international investors has boosted total foreign capital invested during the quarter at 90% of the total, equal to approx. €820 million, more than double compared to Q1 2014.
In line with the previous quarter, portfolio deals took a large share on the total quarterly investment volume, equal to 46%.
Retail sector again continues to attract the largest investment share, accounting for 71% of the quarterly investment volume.