Europe’s Commercial Property on Rebound: RICS

LONDON-Parallel to the economic recovery, investor sentiment in global real estate improved in first quarter, with Germany seeing the sharpest boost in Europe, according to the Royal Institution of Chartered Surveyors Global Commercial Property Survey. The second quarter harbors a positive outlook for the region, the organization says.

Investment in commercial property in Europe improved in 14 of the 19 markets monitored by the RICS, with more countries expecting a rise in rents and capital values than in previous quarters. Demand remained positive in Poland, Nordics, Russia and the Czech Republic. Rental expectations are conservative due to supply surpluses, with Russia the most optimistic market, while France is seeing a growth in occupier demand and rising rents.