Skip to main content

Is there any value left in European commercial property markets?

A comparison of prime commercial property yields to estimates of their fair value levels presents a mixed picture. While a few seem overvalued, and a few more fairly valued, many still look quite cheap. Even so, with below-average levels of liquidity and above-average risks to income streams, we think that in most markets there will be little scope for yield compression in 2011.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.