US Commercial Property Update Fires in LA highlight rising climate-related risk to CRE While commercial real estate insurance premiums remain elevated, their growth dropped back substantially last year. But as the West and Gulf coasts still face the greatest threat from climate risks... 13th January 2025 · 3 mins read
Climate Economics Update Trump’s word on climate is not the be-all and end-all Whilst Donald Trump is threatening to slam the brakes on the green transition in the US, state-level officials have the tools to continue making progress on the climate front. This Update uses our... 9th January 2025 · 4 mins read
US Commercial Property Update Five key calls for US commercial real estate in 2025 Though we think the market has bottomed, we expect a very weak recovery this year, unlike in other cycles. In fact, we think valuation falls still have further to go, leaving our forecasts generally... 7th January 2025 · 3 mins read
US Commercial Property Update How did our 2024 key calls hold up? 2024 was another difficult year for commercial real estate. Although the sector appears to have fared better than we expected, our key calls were broadly right in terms of direction and winners and... 2nd January 2025 · 3 mins read
US Housing Market Update Rental growth to pick-up as apartment supply drops off The peak in new apartment supply has passed, with completions set to drop back sharply over the next few years. If demand continues to hold up well as we expect, this should put downward pressure on... 10th December 2024 · 3 mins read
UK Commercial Property Update What’s keeping real estate investors awake at night? A vast share of our clients highlighted geopolitics and/or Trump as their biggest blind spots going into 2025 when polled at our recent London roundtables. Meanwhile, a large majority thought that... 9th December 2024 · 3 mins read
US Commercial Property Update No holiday cheer for CRE debt Our expectation of rising evidence of distressed assets in 2024 has come to bear, but we think more is still to come over the next couple of years. Some of that will stem from matured loans requiring... 5th December 2024 · 6 mins read
US Commercial Property Update Post-pandemic student housing rebound to be short-lived Tight supply conditions will drive a solid rent outlook for the student housing sector over the next year. But the bigger picture remains one of slowing demand as steady declines in the college-age... 3rd December 2024 · 3 mins read
Global Economics Update US import tariffs: your questions answered We held an online session on US import tariffs on 26th November. (See a recording here ). In this Update we answer the questions we were most asked. 29th November 2024 · 7 mins read
Global Economics Update Canada, China and Mexico in Trump’s firing line President-elect Donald Trump’s first threatened tariffs since the election are designed to extract concessions on drug trafficking and illegal border crossings, which means it may be possible for the... 26th November 2024 · 4 mins read
US Commercial Property Update Which retail cities have performed best? Retail has suffered some severe blows over the last decade, but the nadir for the sector seems to have passed and for some time we have been talking about recovery ahead, albeit a weak one. In this... 20th November 2024 · 9 mins read
US Commercial Property Update Shout it from the rooftops, CRE pricing has troughed It is increasingly clear to us that pricing in all three regions we forecast has bottomed, even if appraisals are yet to reflect that in mainland Europe and the US. And although we expect recent... 14th November 2024 · 4 mins read
US Housing Market Update Trump win puts brakes on housing recovery While Trump has vowed to lower mortgage rates to 3%, we expect the net effect of his policies to have the opposite effect, keeping borrowing costs higher for longer. With that in mind, we are changing... 14th November 2024 · 5 mins read
US Commercial Property Update Q3 RICS survey suggests market has bottomed The Q3 RICS commercial property survey suggests a recovery is on its way with improvements in both the occupier and investment market headline balances and the majority of respondents believing the... 31st October 2024 · 3 mins read
Event CRE Drop-In: The residential outlook – Europe vs the US and the case for outperformance 1731423600 Residential’s growing share of investor portfolios speaks to the buzz around its potential to keep providing outsized returns. But will residential continue to deliver?
US Commercial Property Update ‘Extend and pretend’ still ongoing for some banks The NCREIF Q3 index posted a positive return for the first time in two years, with only offices recording a negative outturn. But with firmer evidence that poorly capitalized banks have been less... 28th October 2024 · 3 mins read
