EMEA Cap Rate Survey July 2021

Key findings include:

-Investor risk appetite has increased over the past three months across Europe, and, most notably, in the UK

-Nearly two-thirds of respondents expect 2021 purchasing activity to close more than 20% higher than in 2020

-Mismatched pricing expectations between buyers and sellers are viewed as the number one obstacle in closing deals

-Discounts in prime retail, hotel, and value-add office assets have been less pronounced than what was initially expected in our March 2021 Investor Intentions Survey