European investment commentary [electronic resource] Summer/Autumn 2012
European investment commentary Summer/Autumn 2012 [electronic resource]
- London Knight Frank 2012
- Knight Frank European Investment Commentary Summer/Autumn 2012 .
Eurozone GDP is forecast to contract by 0.4% in 2012 and growth prospects in 2013 have weakened. Occupier market activity has eased moderately with European office take-up falling by 4% in H1 2012 compared with the same period of 2011. Prime rental growth has stalled in most European markets, and rents have come under downward pressure in some weak southern European markets. European commercial property investment volumes fell by around 20% in H1 2012 on a year-on-year basis.
KNIGHT FRANK EUROPEAN INVESTMENT COMMENTARY
Europe
Eurozone GDP is forecast to contract by 0.4% in 2012 and growth prospects in 2013 have weakened. Occupier market activity has eased moderately with European office take-up falling by 4% in H1 2012 compared with the same period of 2011. Prime rental growth has stalled in most European markets, and rents have come under downward pressure in some weak southern European markets. European commercial property investment volumes fell by around 20% in H1 2012 on a year-on-year basis.
KNIGHT FRANK EUROPEAN INVESTMENT COMMENTARY
Europe