US Commercial Property Outlook Apartments to top the charts with total returns of 9.5% p.a. There are tentative signs of improvement in the investment market, but we continue to think refinancing requirements will weigh on transactions. We still think appraisal-based valuations need to... 12th September 2024 · 21 mins read
UK Commercial Property Update Why we are more optimistic on rental growth Our rental growth forecasts for the industrial and retail sectors are notably above the consensus, particularly over the next couple of years. That primarily reflects our relatively optimistic... 10th September 2024 · 3 mins read
UK Commercial Property Update IPF Consensus Forecasts (Sep 24.) The latest IPF Consensus Survey showed forecasters are finally coming around to our long-held view that retail will preform relatively well over the next five years. Total returns for all the retail... 6th September 2024 · 3 mins read
Europe Commercial Property Update Is industrial demand back on track? The most recent European industrial take-up figures were slightly more encouraging. We expect activity will continue to slowly improve over the next couple of years, supported by the consumer recovery... 5th September 2024 · 3 mins read
US Commercial Property Update Dallas tops our updated rankings of 34 industrial markets The dynamism of the industrial sector means that market-level outperformance is often only achievable for short periods, because either relative value deteriorates or new supply quickly completes... 4th September 2024 · 4 mins read
Europe Commercial Property Chart Pack Europe Commercial Property Chart Pack (Q3 2024) A stabilisation of property yields and solid rent growth mean that euro-zone all-property values increased in Q2 for the first time in two years. However, market sentiment remains very weak and... 23rd August 2024 · 0 mins read
UK Commercial Property Outlook Look to beds, sheds and retail for best returns Commercial property yields and capital values have stabilised in recent months, which has encouraged investors to dip their toes back into the sector. But the recovery is set to be a weak one... 22nd August 2024 · 26 mins read
Europe Commercial Property Valuation Monitor Europe Commercial Property Valuation Monitor (Q3 2024) Commercial property valuations worsened slightly in Q2 across all sectors as bond yields rose while property yields held steady. However, the decline in government bond yields so far in Q3 means... 20th August 2024 · 0 mins read
US Commercial Property Chart Pack US Commercial Property Chart Pack (Q3 24) While investment has tentatively turned a corner, subdued activity and further rises in cap rates mean 2024 will still be a tough year. All-property values are down by 18% from their mid-2022 peaks... 14th August 2024 · 1 min read
UK Commercial Property Update London industrial demand will soon recover The impact of the cost-of-living crisis, which has been weighing on London industrial take-up, has a bit further to run. But London is well-positioned to benefit from the rise in consumer spending we... 5th August 2024 · 3 mins read
US Commercial Property Update Industrial sentiment worsens in Q2 RICS survey While headline balances saw little movement, digging deeper the Q2 RICS survey shows a reversal of last quarter’s more positive outlook. Indeed, respondents seem more downbeat, with almost half now... 25th July 2024 · 6 mins read
Europe Commercial Property Update RICS survey sours on France, turns upbeat on values The Q2 RICS survey showed that sentiment toward offices is improving – occupier demand balances saw the largest sectoral rise and rent and value growth expectations were raised. With year-ahead... 25th July 2024 · 4 mins read
US Commercial Property Update Industrial supply risks look most pointed in Phoenix The legacy of the post-pandemic industrial construction boom is now being felt in rising supply across most metros. With the demand outlook stabilising, we think the evolution of supply will shape... 9th July 2024 · 4 mins read
Europe Commercial Property Update Latest trade data spell good news for Iberian ports Timely estimates of trade through Europe’s busiest seaports so far this year have broadly mirrored relative economic performance across Europe, as volumes through Iberia’s ports have recovered while... 4th July 2024 · 3 mins read
Global Commercial Property Chart Pack Global Commercial Property Chartpack The slower adjustment to past rises in interest rates and a sharper hit to office demand is set to weigh on US property returns over the next couple of years. Overall, the UK is set to outperform over... 3rd July 2024 · 1 min read
Europe Commercial Property Outlook End of the correction in sight, but outlook remains gloomy The price correction showed signs of stabilisation in early 2024, but we think further, albeit much smaller, value falls are to come as yields edge a bit higher. Values should bottom by year-end, but... 13th June 2024 · 32 mins read