Market reports
03/02/2012
Western Europe | Offices
Property Report Q4 2011

Activity is slowing in the major office markets - January 2012
Market conditions in the 9 major Western European cities resisted the ongoing economic downturn relatively well. Although occupier demand slowed down slightly in H2 2011, the current reduction in vacant office space was still the dominant trend. Prime rents and yields were stable in Q4.Poor economic performance in Western Europe
- Euro area GDP should contract in both Q4 2011 and Q1 2012
- Unemployment rate has not peaked yet
Office take-up on a slowly downward trend in Western Europe
- The German market is driving occupier demand in Western Europe
- Additional slight contraction in average vacancy rate
- Overall stability maintained in prime rents
Office investment volume was quite resilient in 2011
- Central Paris and German cities were the most dynamic markets
- But a slowdown in activity is already perceptible in London
- Prime yields were stable, except in Milan
Recent publications
- 02/05/2012 | Western Europe | Property Report Q1 2012
- 16/04/2012 | Western Europe | At a Glance Q1 2012
- 26/03/2012 | Europe | European Investor Confidence Survey Winter 2011/2012
Investment
- 02/05/2012 | Western Europe | Property Report Q1 2012
- 16/04/2012 | Western Europe | At a Glance Q1 2012
- 29/03/2012 | Central Eastern Europe | Property Report Q4 2011
Offices
- 18/04/2012 | Western Europe | At a Glance Q1 2012
- 28/11/2011 | Western Europe | Property Report Q3 2011
- 14/10/2011 | Western Europe | At a Glance Q3 2011
Retail
- 27/02/2012 | Western Europe | Property Report H2 2011
- 10/10/2011 | Western Europe | Property Report H1 2011
- 07/03/2011 | Western Europe | Property Report Year 2010
Hotels
- 27/03/2012 | Europe | Property Report Q4 2011
- 09/11/2011 | Western Europe | At a Glance 2011 T3
Logistics

