Press enter

UK property market contributes to positive European results | 11 March 2013

Commercial property values in the Europe have reached some of their “fairest” levels in recent years, cityam.com reports.

In its latest ‘Fair Value Index’, DTZ found that prices are now at their most attractive level in a decade – with six countries reaching the ideal 100 point score. These were Belgium, the Baltics, the Netherlands, Denmark, Norway and Finland. The UK, meanwhile, came in the second group; posting a score of 91 alongside Germany.

The results weren’t so positive for recession-hit Italy and Spain, however; they scored just 50 and 17 respectively. France didn’t fare much better, having scored just 55.

On the whole, however, Europe fared better than it had done in recent memory, with nine markets being declared ‘hot’ and the remaining two being ‘warm’. This meant that none ended up being classified as having ‘cold’ markets.

On this scale, the UK and Germany fared among the best – despite not being awarded a score of 100.

“The UK and German markets in particular offer attractive pricing, with the overwhelming majority of markets in both countries being rated as ‘hot’,” head of forecasting at DTZ, Matthew Hall, told investmenteurope.co.uk. “Although only modest returns are expected, the extremely low hurdle rate continues to paint these markets in a positive light on a risk adjusted basis.”

The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.

Share this story
More News

Qube Global Software customers shortlisted at ARMA ACE Awards | 6 June 2017

We are proud to announce that a number of our customers have been shortlisted at the prestigious ARMA ACE Awards.

Just 5% of property businesses consider themselves technologically advanced | 1 February 2017

Research by Qube Global Software reveals that only a tiny proportion of the UK’s leading property and facilities management companies believe they are harnessing technology successfully.

Property software giant invests in PropTech pioneer | 11 January 2017

Qube Global Software and Engage enter joint venture in boost to Build to Rent Sector.

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close