EE and the Netherlands reverse decline
London – Kyiv, 26 August 2015 – Commercial property values across all asset classes in Europe have edged up 1.9% in Q2 2015, with yield shift being the main driver of this, according to CBRE’s latest European Valuation Monitor.
Over the quarter, France and the UK were the best performing countries at the All Property level, rising by 3.0% and 2.4% respectively. Values in Southern Europe also picked up smartly (+1.6%), driven largely by the Industrial sector (+2.4%).
Following several quarters of decline, values in CEE reversed their slide as All Property values rose by 0.8%. The Netherlands also saw values increase at the aggregate level by 0.8%; the office sector saw values decline, but there was a positive turnaround for the Industrial and Retail segments. In CEE, the buoyant Industrial sector contributed to values rising 3.0% on the previous quarter.
