UK Commercial Property Should investors be worried about higher inflation? Recent strong inflation data have heightened concerns about global price pressures. At present, we think there will be limited impact on short-term property performance. Further out though, higher... 16th June 2021 · 3 mins read
Europe Commercial Property Update Are green commercial leases the future? With emission targets needing to be met by 2030, the race is on for the real estate sector to decarbonise. By forcing tenants and landlords to share the risks, benefits and costs of environmental... 10th June 2021 · 4 mins read
US Commercial Property Update Austin and Seattle set to slide down the office rankings Although office values have held up well in tech hubs such as Seattle and Austin, they have also seen some of the largest falls in occupier demand. Further substantial reductions in floorspace by tech... 1st June 2021 · 3 mins read
US Commercial Property Update How far could industrial yields fall? Industrial yields look likely to reach our end-2021 forecasts by mid-year, leading us to re-evaluate the outlook for pricing. Although gains in rents and capital values are driving increased... 26th May 2021 · 3 mins read
US Commercial Property Update ULI Consensus Forecast (Spring 2021) Consensus forecasts for the next two years have been revised upwards, largely driven by a more upbeat view on the industrial sector. As a result, we are now more downbeat than the survey respondents... 19th May 2021 · 2 mins read
US Housing Increased demand for larger apartments to persist Increased demand for larger apartments to accommodate working from home is already evident in NYC, where the inventory of units with two or more bedrooms has seen a sharper decline compared to smaller... 14th May 2021 · 3 mins read
US Commercial Property Update Is there scope for office to residential conversions? There currently appears to be little economic scope for conversions to residential across the six major office markets. But our forecasts of falling values and rising vacancy in the office sector... 7th May 2021 · 3 mins read
US Commercial Property Update TV and film to support LA office demand We expect a strong recovery in TV and film-related employment will support office demand in LA over the next five years. Alongside a relatively small development pipeline and low office rents, this... 23rd April 2021 · 3 mins read
US Commercial Property Update D.C. service sector supports out-performance In our recent Office and Apartment Outlooks, we identified Washington D.C. as the top performer over a five-year forecast in both sectors. Those expectations are driven by several factors influencing... 20th April 2021 · 3 mins read
US Housing Is there still a bright future for Sunbelt apartments? The easing of virus restrictions and return to offices for many white-collar workers will mean that apartment markets in cities such as NYC and Washington D.C. will outperform this year. But we think... 15th April 2021 · 3 mins read
US Commercial Property Update What does 2021 have in store for investment volumes? Property investment volumes held up better than we anticipated in 2020, and we are expecting 2021 to be a solid year for investment. We think that pent-up demand and the reopening of the economy will... 14th April 2021 · 3 mins read
Europe Commercial Property Are data centres a viable alternative? Thanks to changing consumption patterns and structural and cyclical knocks to the traditional property sectors, both occupier and investor demand for data centres set new records last year. But, while... 19th March 2021 · 3 mins read
US Commercial Property Update Chicago to be among the office market “winners” Our analysis suggests that both higher asking rents and a greater proportion of information jobs have been associated with a larger rise in sublease vacancy in recent quarters. We think there are good... 17th March 2021 · 3 mins read
US Commercial Property Update Major downgrade to office occupancy forecasts On the back of deeply negative office absorption last year and the continued flow of announcements from firms cutting their office space, we have made major revisions to our demand forecasts across... 10th March 2021 · 3 mins read
US Housing Reopening less of a positive for Boston apartments Greater availability, lower prices and proximity to NYC have supported demand for Boston apartments during the pandemic. That implies demand may edge back as the country reopens, and some workers... 5th March 2021 · 3 mins read
US Commercial Property Update Property valuations look solid despite rising bond yields A few weeks ago, we nudged up our Treasury yield forecasts for year-end 2021 and 2022, to 1.5% and 1.75% respectively. While intra-day yields exceeded 1.6% at one point last week, we don’t expect a... 4th March 2021 · 3 mins read
