See the latest development of prime office rentals worldwide, published by the research team of Jones Lang LaSalle. Source: http://www.joneslanglasalle.com/GMP/en-gb/Pages/Global-Market-Perspective-Charts.aspxLees verder
In the first quarter of 2012 compared with the fourth quarter of 2011, the household saving rate and the household investment rate remained almost stable in both the euro area (EA17) and the EU27. In the euro area, household disposable income increased by 0.2% in real terms, after falling by 0.5% in the previous quarter. These data come from a detailed set of seasonally adjusted quarterly European sector accounts released by Eurostat, the statistical office of the European Union and the European Central Bank (ECB). Household saving rate nearly stable in both zones In the first quarter of 2012, the gross saving rate of households was 11.6% in the EU27, compared with 11.5% in the fourth quarter of 2011. In the euro area, the household saving rate was 13.3% in the first quarter of 2012, unchanged compared with the previous quarter.
The volume of retail trade down by 0.2% in euro area and is stable in EU27 In July 2012 compared with June 2012, the volume of retail trade1 fell by 0.2% in the euro area2 (EA17) and remained stable in the EU27. In June retail trade rose by 0.1% and 0.2% respectively. In July 2012, compared with July 2011, the retail sales index fell by 1.7% in the euro area and by 0.2% in the EU27. These first estimates come from Eurostat, the statistical office of the European Union.
Interesting to see the expectations for the office market in various cities across the globe. JLL published this matrix in their latest report. What is in for your area in the next years? Source:http://www.joneslanglasalle.com/GMP/en-gb/Pages/Global-Market-Perspective-Charts.aspxLees verder
Michael Haddock, Senior Director, EMEA Research and Consulting, CBRE, said earlier this year in his viewpoint, that it is time to overweight real estate. "In the context of the euro zone sovereign debt crisis and sharp downgrades in economic growth forecasts, both prices and investment activity in the commercial real estate sector held up remarkably well in 2011. One might normally expect an illiquid asset such as property to perform relatively poorly under such circumstances, yet investors continue to increase allocations to real estate. This report looks at why that might be and what that means for the prospects for property over the next few years. It argues that at the moment the conventional case for property is being augmented by particular features of the current market.