US Commercial Property Outlook NYC and D.C. to benefit from COVID bounce-back All major city apartment markets will benefit from the reopening of the economy and reduction in remote work, with rental demand also supported by record low numbers of homes for sale. New York City... 1st April 2021 · 8 mins read
US Commercial Property Outlook Major Office Markets Outlook (Q1 2021) There are forecast downgrades across the board this quarter, owing to the changes to our occupier demand expectations at the sector level. The markets broadly split into three pairs. New York City and... 31st March 2021 · 16 mins read
US Commercial Property Outlook Faster bond yield rises will limit prospects for capital values The vaccine rollout and stimulus bill are unquestionably positive for the economy but may be a mixed blessing for real estate. Those two factors are probably most positive for the apartment sector... 25th March 2021 · 24 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 Data Response Commercial Property Lending (Feb.) After a stronger than expected increase in January, commercial real estate debt fell back in February. This suggests that last month’s gain was a one-off and not the start of a rapid acceleration... 12th March 2021 · 2 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
Long Run Update The long view of property In light of our latest long-term economic and financial market forecasts, we have revisited our views for commercial property performance over the next three decades. We think that average returns... 1st March 2021 · 3 mins read
Europe Commercial Property Update The long view of property In light of our latest long-term economic and financial market forecasts, we have revisited our views for commercial property performance over the next three decades. We think that average returns... 1st March 2021 · 3 mins read
US Commercial Property Valuation Monitor Rising Treasury yields squeezing property valuations On the back of rising Treasury yields, property valuations took their first hit in eight quarters during Q4. And, with Treasury yields climbing higher since, it is likely that valuation scores will... 26th February 2021 · 6 mins read
US Commercial Property Update Two more years of underperformance for malls Permanent increases in certain types of online sales will mean that regional and super-regional malls underperform the other retail sub-sectors for at least the next two years. Our forecasts point to... 23rd February 2021 · 3 mins read
Non-Euro Europe Commercial Property Chart Pack Emerging Europe: Further pain in store for retail While virus restrictions have weighed on retail markets across Europe, the hit has been particularly severe in CEE. Indeed, core-CEE prime retail rents fell by an eye-watering 20% last year, the... 23rd February 2021 · 6 mins read
Non-Euro Europe Commercial Property Chart Pack Scandinavia & Switzerland: Investor demand returning Office and industrial yields edged lower in Q4 as the recovery in Scandinavian investment took hold. However, the pandemic continued to weigh on occupiers, with retail rents declining further in most... 22nd February 2021 · 6 mins read
UK Commercial Property Outlook COVID-19 scarring slow to heal Effective vaccines provide a path out of the COVID-19 economic slump, but commercial property will be slow to benefit. On the bright side, the real estate downturn has been milder than expected and we... 19th February 2021 · 25 mins read
