Europe Commercial Property Update

Near-term downgrade to industrial, but long-term outlook solid

Weak economic activity in the near term will push euro-zone industrial rental growth to its slowest pace in more than a decade this year. However, we expect rental growth to return to an above-average...

18th June 2026 · 3 mins read

US Commercial Property Rapid Response

US Commercial Property Lending (May)

15th June 2026 · 2 mins read

UK Commercial Property Update

High costs mean low development and falling UK land prices

The Iran war looks set to boost commercial construction costs by at least 8%, on top of the 24% rise seen since 2021. With commercial capital value growth also coming under pressure as interest rates...

11th June 2026 · 4 mins read

US Commercial Property Update

Q2 26 PREA consensus forecasts cut, especially for residential

There was another reduction in the PREA consensus total return forecast for both 2026 and 2027 this quarter, led by the residential sector. However, this still left the consensus more optimistic than...

9th June 2026 · 3 mins read

Europe Commercial Property Focus

European student housing outperformance has further to run

The two-decade period of student accommodation outperformance in Europe is set to continue, supported by higher income returns, favourable structural demand drivers and still-tight supply. Within...

9th June 2026 · 11 mins read

US Commercial Property Chart Pack

US Commercial Property Chartpack (Q2 2026)

All-property capital values ticked up slightly in Q1, reflecting the US’ relative insulation from the effects of the Iran war so far. However, we don’t think it will be totally unaffected, while we...

5th June 2026 · 0 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (May 26)

After another month-on-month decline, the headline CIPS construction PMI dropped to 38.2, its lowest level since May 2020. Meanwhile, t he fourth consecutive fall in the future activity index, to 53.0...

4th June 2026 · 1 min read

Europe Commercial Property Chart Pack

Europe Commercial Property Chart Pack (Q2 2026)

Prime office values continued to grow strongly in Q1, in contrast to a further slowdown in the retail and industrial sectors. These two sectors are also more vulnerable to the impacts of the Iran war...

3rd June 2026 · 0 mins read

US Commercial Property Valuation Monitor

US Commercial Property Valuation Monitor Q2 2026

All-property valuation scores worsened in Q1 2026 as the Iran war pushed up alternative asset yields. With those yields still elevated as the war drags on, valuations look set to worsen further in Q2...

2nd June 2026 · 1 min read

UK Commercial Property Rapid Response

Lending to UK commercial property (Apr. 26)

Net lending to commercial property totalled around £1.5bn in April, weaker than the strong March reading of £2.5bn. The softer April reading likely reflected a slowdown in the investment transactions...

2nd June 2026 · 1 min read

Global Commercial Property Update

Despite short-term challenges, leisure set to bounce back

With consumers cutting back discretionary spending as real incomes come under pressure, demand for leisure assets will be subdued over the next year or so. But longer term the future for the sector...

29th May 2026 · 3 mins read

UK Commercial Property Update

RE:UK Consensus Forecasts (May 26)

The May RE:UK consensus forecasts showed that higher risk-free rates due to the Iran war are expected to hit commercial property capital values in 2026, and all-property total returns for the year...

28th May 2026 · 3 mins read

Europe Commercial Property Valuation Monitor

Europe Commercial Property Valuation Monitor (Q2 2026)

Commercial property valuations worsened in Q1 as the Iran war pushed alternative asset yields higher. Looking ahead, valuations could worsen further and property yields could come under upward...

28th May 2026 · 0 mins read

US Commercial Property Update

AI boom will not prevent Southern metros pushing ahead

Within a sluggish national picture, metro jobs performance has varied widely with some cities - notably Washington D.C. - seeing big contractions, while others grew strongly - such as Las Vegas and...

27th May 2026 · 3 mins read

US Housing Market Update

Solid apartment fundamentals remain intact despite immigration slowdown

Concerns that this administration’s anti-immigration push would trigger a sharp national slowdown in apartment demand have been misplaced. While unauthorised immigration has turned deeply negative...

27th May 2026 · 4 mins read