Values were stable or roughly so in both France and Spain in H1 20, despite nice rent contributions (positive reversion). However, this contrasts with the very strong trend observed in FY 19. We believe that H1 20 only shows the beginning of a much deeper adjustment. But, at pixel time, the fact is that the office market’s rents are stable.
30 Jul 2020
Halting momentum in values in H1 20
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Halting momentum in values in H1 20
Inmobiliaria Colonial SOCIMI SA (0RID:LON) | 0 0 0.0%
- Published:
30 Jul 2020 -
Author:
Christian Auzanneau -
Pages:
4
Values were stable or roughly so in both France and Spain in H1 20, despite nice rent contributions (positive reversion). However, this contrasts with the very strong trend observed in FY 19. We believe that H1 20 only shows the beginning of a much deeper adjustment. But, at pixel time, the fact is that the office market’s rents are stable.