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

UK Housing Market Chart Pack

UK Housing Market Chart Pack (Aug. 2024)

Our UK Housing Chart Pack has been updated with the latest data and our analysis of recent developments. The recent drop in mortgage rates has caused house prices to rise a bit faster than expected...

15th August 2024 · 1 min read

US Commercial Property Valuation Monitor

US Commercial Property Valuation Monitor (Q3 2024)

Minimal movement in property yields and a slight edge up in the 10-year Treasury yield meant improvement in our property valuation scores stalled in the second quarter of the year. Despite the recent...

15th August 2024 · 1 min read

Europe Commercial Property Update

Data improving, but German retail prospects still weak

Despite better occupier data in H1, the weak consumer backdrop and still elevated vacancy mean we expect German retail rents to only hold steady this year. Thereafter, we expect rental gains to lag...

15th August 2024 · 3 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

Retail investment will continue to lead the recovery

Commercial property investment is on track to hit our forecast for a rise of 20% this year, helped by a substantial rise in retail transactions. A decent rental growth outlook coupled with attractive...

14th August 2024 · 3 mins read

Europe Commercial Property Update

Office utilisation rising but space cutting to drag on

European office occupier surveys reveal that office attendance and utilisation has continued to rise over the past year and that it could still improve a bit further. However, despite the rise in...

12th August 2024 · 3 mins read

US Commercial Property Update

Diverse occupier base to support Southern office demand

After an already-tough H1 for information sector jobs, we expect the second half of the year to see further cuts, which will be bad news for tech-heavy metros in the West. But a more diverse occupier...

8th August 2024 · 4 mins read

UK Commercial Property Valuation Monitor

UK Commercial Property Valuation Monitor (Q3 24)

A rise in alternative asset yields combined with stable property yields meant valuations failed to improve in Q2. But with risk-free rates now falling back and property yields set to be flat, property...

7th August 2024 · 0 mins read

Europe Commercial Property Update

Investment turns a corner, but recovery will be uneven

The Q2 rise in euro-zone investment marks the start of the recovery, but one that will be weak and uneven across markets. Economic and political concerns means investment in Germany and France is...

7th August 2024 · 4 mins read

US Commercial Property Update

Investment recovering, but not without risks

While the UK led the recovery in investment activity in Q4 last year, the latest data suggest the US and euro-zone are now also turning a corner. But given concerns over economic growth in all three...

6th August 2024 · 4 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS Construction PMI (Jul 24)

6th 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

Europe Commercial Property Update

Office conversion proceeding faster than expected

We have been sceptical of the viability of conversion of excess office space into residential units. But the latest figures indicate that, despite marginal financials, there may have been more...

1st August 2024 · 5 mins read

US Commercial Property Update

Elevated insurance premiums continue to hit valuations

The rise in severe weather events over the last five years has left property insurers scrambling to price-in physical risks, causing premium growth to reach a 20-year high. While we think the worst is...

31st July 2024 · 3 mins read