Research

European Offices Property Clock Q3 2017

Robust leasing activity in Q3, with no signs of waning demand across most of Europe

October 18, 2017

In Europe, politics rather than economics continue to dominate. The recent German elections delivered a fourth term for Angela Merkel, albeit with a reduced majority. Elsewhere, ongoing uncertainty surrounds Britain’s withdrawal from the EU, while the political standoff in Spain is cause for concern. Nevertheless, the European recovery remains on track for a post-GFC high in 2017. Indeed, accommodative policy, solid domestic demand and reviving job creation are driving occupier activity in Europe.

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