Europe Commercial Property Update Euro-zone investment outlook downgraded given tariff uncertainty The gradual recovery in European investment continued in Q1 but going forward transaction totals are likely to be weak as a result of uncertainty around tariffs and the potential downside to property... 7th May 2025 · 3 mins read
UK Commercial Property Rapid Response Lending to UK commercial property (Mar. 25) 1st May 2025 · 1 min read
US Commercial Property Update NCREIF Q1 Index shows US commercial property values now rising, but valuation gaps persist The NCREIF Property Index (NPI) recorded a third consecutive quarter of positive total returns in Q1 2025, driven primarily by income. Although capital value growth turned positive, questions remain... 28th April 2025 · 2 mins read
UK Commercial Property Update RICS survey points to a subdued UK commercial property recovery The Q1 RICS survey showed little change from the previous quarter, with surveyors pointing to subdued levels of occupier demand and elevated availability. That points to a slowdown in rental growth... 25th April 2025 · 3 mins read
US Commercial Property Update Q1 RICS survey shows resilient US CRE sentiment, but downside risks ahead The Q1 RICS US commercial property survey reported steady investment sentiment. That is in line with our belief that the market is headed for an upturn, although the impact of new tariffs and the... 25th April 2025 · 3 mins read
Europe Commercial Property Update Q1 RICS survey highlights weak momentum in European CRE The RICS survey showed that the recovery in occupier and investor demand remained muted in Q1 and uncertainty about tariffs means this picture is unlikely to change in the near term. 24th April 2025 · 3 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Apr. 25) UK commercial property is relatively well insulated from the direct impact of US tariffs, but a higher risk environment will drag on investment volumes. Yield compression will also be limited, and... 23rd April 2025 · 1 min read
Global Commercial Property Chart Pack Global Commercial Property Chartpack (Q1 2025) Aside from some industrial assets, commercial property is not directly impacted by higher tariffs. However, uncertainty and the likelihood that economic growth slows will likely hold back investment... 17th April 2025 · 0 mins read
UK Commercial Property Update Market chaos puts upward pressure on UK commercial property yields With the exception of some industrial assets, commercial property in the UK is not directly impacted by the higher tariffs announced by President Trump and property equities have performed relatively... 9th April 2025 · 4 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS UK Construction PMI (Mar. 25) The headline CIPS construction PMI saw a small rise in March to 46.4, from 44.6 in February. But that still left the balance below 50 and consistent with a contracting construction sector. 4th April 2025 · 1 min read
UK Commercial Property Rapid Response Lending to UK commercial property (Feb. 25) Net lending to property continued its recent run of strength in February, with total lending of £1.58bn up from £917m in January and the highest monthly figure since May 2020. 31st March 2025 · 1 min read
Europe Commercial Property Outlook Europe Commercial Property Outlook: Higher interest rates weaken the recovery Following upward revisions to our forecasts for policy rates and bond yields, we have raised our forecasts for prime property yields in Europe and now expect increases of around 20-25bps by the end of... 27th March 2025 · 28 mins read
Europe Commercial Property Focus Dutch residential to outperform in the euro-zone Residential has been the Netherlands’ strongest performing commercial property sector since the GFC, with bumper rent growth a key contributor to that outperformance. Looking ahead, slower wage growth... 24th March 2025 · 18 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Mar. 25) Gilt yields should fall back this year, but with property looking somewhat overvalued we doubt that will trigger much in the way of yield compression. That means the recovery in all-property returns... 21st March 2025 · 1 min read
US Commercial Property Update PREA consensus forecasts still well above our US CRE returns The latest PREA consensus forecasts reveal a downward revision in total returns and capital value changes across most sectors, especially for offices and industrial. However, the consensus remains... 18th March 2025 · 2 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS UK Construction PMI (Feb. 25) The headline CIPS construction PMI dropped to 44.6 in February, from 48.1 in January, which was the lowest reading since May 2020. 6th March 2025 · 1 min read
