IPF European Consensus Forecasts – May 2019

This report presents the IPF's May 2019 consensus forecasts for European office rental growth, drawing together independent forecasts from leading market contributors across Europe's principal office markets.

The publication reflects a market transitioning from the strong growth experienced in previous years to a more moderate phase, with contributors highlighting slower economic expansion, ongoing Brexit negotiations and geopolitical uncertainty as key influences on investor sentiment.

Despite these headwinds, many core office markets continued to benefit from robust occupier demand and constrained supply.

The report compares forecasts across major cities, tracks changes from previous surveys and provides investors with an authoritative benchmark of expected office market performance across Europe.