Two years ago, we wrote an article on Spain contrasting its footballing strength – highlighted by Real Madrid smashing the world transfer fee record for Gareth Bale – with its economic fragility. Real ended last season as Europe’s champions for a record 10th time, while rival Barcelona trumped them this year, winning a treble of […]
Over the course of 2014, some £65bn was invested in direct UK real estate – a 16% increase on the 2013 figure and the highest total on record. Remarkably, this was not driven by London, which actually saw a 3% decrease in volumes to £27.4bn. Rather, it was a year of frantic activity in the […]
Crossrail will become fully operational in late-2019. The east to west cross-London line will increase capacity by around 10% on the Capital’s tube and train network, but new research by JLL Residential forecasts how much house prices and rents are projected to rise over the next six years as well as identifying the locations that […]
Last Thursday, the European Central Bank announced its long-anticipated quantitative easing (QE) programme, involving asset purchases of €60bn a month from March. This was slightly higher than initial expectations and the immediate market impact has been positive. The euro has fallen to an 11 year low, broadly as expected. Stock prices rose in Europe and […]
This is the question JLL Research is always forced to answer in the first few weeks of the New Year in front of several hundred property professionals. What is the outlook for UK property in 2015? Read our JLL UK 2015 Property Predictions here After 12 strong months for the UK economy and property market, […]
For direct real estate real investment 2013 was an excellent year, but what about 2014? Well, we are quite positive and we base our outlook on three factors. Firstly, core assets remain in strong demand as the global rotation into real estate by big pension and sovereign wealth funds is not over yet. Secondly, investors […]
It is not difficult to show the extent to which London dominates British life, from our economy to cultural and political life. Many, perhaps, assume that having such a dominant city in a small country is natural and unavoidable. Few seem aware quite how centralised our government is compared to other developed countries. With all […]
The Russian State Duma is going to consider amendments to the Tax Code, which are to affect the tax burden of real estate companies. The changes would bring in a new base for tax calculation: which would be changed to cadastral value from the previously used book value. Recently similar changes to property tax of […]
The Irish investment market has certainly had a lot of press coverage recently and everyone seems to be talking about it. Confidence has returned to the market and it is showing real depth in terms of demand, liquidity and supply. There have been a number of investors coming through our office doors in Dublin looking […]
It is no secret the construction period in Moscow is as unpredictable as the weather forecast, or even more so. Various reasons prevent developers from being on time with project completion. It usually takes up to five years to construct a shopping centre, a business centre, or a hotel from scratch depending on financing availability, […]
Most of us would instinctively answer yes to this question without having to think too hard… Its summer holiday season again and thousands of us are packing our suitcases, leaving our everyday routines and cares behind and heading off to all manner of exciting destinations. I am now firmly within the gravitational pull of my […]
An investor who wishes to invest in commercial property is forced to consider a number of different risks and opportunities. A property investment is influenced by both economic and real estate factors. At present, the factors influencing the underlying economy differ considerably from the factors that have an impact on real estate. The euro crisis […]
What do London and Paris have in common with Cape Town and Johannesburg? Surely not the weather… Rather, Jones Lang LaSalle’s research has identified these cities as the most transparent and most actively traded in their respective continents. While Europe’s established real estate markets and densely populated cities will continue to be the focus of […]
The Dubai real estate market is showing signs of recovery for the first time since it was so seriously impacted by the global financial crises in 2008. While the recovery has been led by the hotel market, there are now signs that prices and rents are increasing again in the residential sector. To date this […]
With the Olympics fast approaching, we are excited to report that London continues to have one of Europe’s best performing and most robust hotel markets. STR Global have confirmed that for the first five months of 2012, despite the market adding 2,000 rooms to its available supply, revenue per available room (RevPAR) was up by 3.1 […]
While transparency has increased in most markets in the Middle East and North Africa (MENA) over the past two years, the region continues to experience lower levels of transparency than other parts of the world. This is revealed by Jones Lang LaSalle’s new Global Real Estate Transparency Index for 2012 that was released this week. […]
