‘EMEA’ Archive

The Lexicon of the European market changes

In a sure sign of a significant improvement in the outlook, the lexicon of the European market place has changed over the past year. We still have “austerity” and “deleveraging” to cope with of course and “bad banks” are also still with us – albeit now more likely to be a specifically designated institution rather [...]

Global Economic Update: Improving Sentiment

As we enter the home stretch for 2013, indicators of business and consumer sentiment reflect growing optimism that 2014 will be a better year than 2013 in every region. In Europe, the transition from recession to recovery continues with mixed results depending on the country. In the Asia/Pacific region both Japan and China continue to [...]

Building Momentum in Europe

Europe’s early summer gains appear to be consolidating as we head towards the run in to year-end, with August seeing a 3.3% increase in the EU’s Economic Sentiment Indicator and a near 12% increase on the year. What is more this is broadly based: 22 out of the EU’s 28 countries saw a step up [...]

Growth Returns to Europe

This week the economic update focuses on the emerging recovery in Europe. Economic data released this week points to growth in Europe in the second half of 2013, a positive development for the global economy. There are still risks, but we remain cautiously optimistic that the global economy will continue to transition to stronger growth later this year and in 2014.

Where does Cyprus leave investment planning?

In a generally good first quarter for Europe, we saw better economic and financial market news and much improved confidence which started to produce a change in strategy, with parts of the investment community going “risk-on”. However, starting with Italy’s indecisive election and moving on to the Cypriot “bank sweep”, confidence has been dented in [...]

European Investment Bounce: But how far?

European investment markets saw a relatively strong end to last year according to our recent research. In fact volumes rose 19% compared to the final quarter of 2011 and were at their strongest since 2007.  What’s more this was accompanied by a stabilisation in prime yields and a notable uptick in investor confidence. But is [...]

European Office Markets: Better times likely in 2013?

The third quarter of 2012 was not great for the European office sector with leasing and investment activity down and rental growth reversing. However anyone expecting a smooth, demand-driven recovery was pretty much waiting to be disappointed – the road back to any sort of normality was always going to be bumpy and unpredictable. Looking [...]

What if Greece really did leave the euro?

The Greek election result last month eased us back from the edge of a euro collapse but we still can’t say we have a clear view of where we go from here. The new Greek government may have to soft peddle on its demands to renegotiate its bailout for example- at least ahead of the [...]

Greece is the Word

Forget Spain for now, events in Greece over the next few days will be setting the tone for Europe for better or for worse. Greek voters go back to the polls on Sunday and clearly face a tough choice, caught between a rock and a hard place.  Surveys have suggested growing support for pro-bailout parties [...]

Risks crank up as voters hit back in Europe

Hopes that the Eurozone debt crisis was on its way to being resolved have clearly been hit by recent election results and this continues to test the nerves of the property market, with the opening quarter seeing a fall in leasing and investment activity that was far from limited to just the most indebted markets [...]