Non-Euro Europe Commercial Property Outlook Emerging Europe: War reinforces weak values outlook The war in Ukraine will have spillover effects for property in Central and Eastern Europe (CEE), albeit that Russia will be far worst hit. Economic growth is expected to be slower, which will weigh on... 30th March 2022 · 18 mins read
UK Commercial Property Data Response Lending to commercial property (Feb.) Net lending to property eased further in February, though it remained in positive territory. We expect lending trends to remain fairly subdued as both economic and sector specific challenges loom over... 29th March 2022 · 2 mins read
Global Economics Focus Property the weak link as interest rates rise We think that property markets are the weak link when it comes to the impact of tightening monetary policy. A modest rise in interest rates might only cause price falls in a few obvious candidates... 25th March 2022 · 22 mins read
UK Commercial Property Update Is the north-south divide closing for industrial? The latest data from the industrial sector were predictably upbeat with strong take-up and dwindling supply driving rapid rental growth. There were also signs of important shifts across UK markets... 25th March 2022 · 3 mins read
Non-Euro Europe Commercial Property Outlook Scandi & Swiss: Rising pressure on property yields Property demand in the Scandinavian and Swiss markets is expected to hold up this year, as they are more insulated from the negative impacts of the war in Ukraine on economic activity. However... 24th March 2022 · 18 mins read
UK Commercial Property Update Shopping centres not out of the woods yet Shopping centres were the hardest hit commercial property sector during the pandemic. The latest data hint that the sector may be past the worst. But the outlook remains clouded by the threat of... 23rd March 2022 · 3 mins read
US Commercial Property Data Response US Metro Employment (Jan.) The jobs recovery continued in January, but nearly two years on from the start of the pandemic, employment in most metros is still not back to its pre-crisis peak. And, in terms of office jobs, there... 18th March 2022 · 3 mins read
Europe Commercial Property Outlook War in Ukraine adds to uncertainty; retail most at risk While the direct impact of the war in Ukraine is likely to be small, we think there will be indirect consequences for euro-zone commercial property markets. Economic growth is expected to be slower... 18th March 2022 · 31 mins read
UK Commercial Property Chart Pack Property returns hit new decade high Commercial property is not showing any signs of slowing down. Rental growth rose further in February, while annual total returns climbed to a level last seen in Q4 2010. Industrial remains the main... 18th March 2022 · 7 mins read
US Commercial Property Outlook Industrial returns to hit 20% in 2022 before plummeting We expect the robust investment activity seen last year, particularly in H2, to persist into 2022. Although this has competed yields to record lows in the industrial and apartment sectors, we still... 15th March 2022 · 22 mins read
US Commercial Property Data Response Commercial Property Lending (Feb.) The rate of commercial lending growth dipped a little in February but remained above its five-year average. That dip was due only to a slower month for multifamily, with net lending secured against... 14th March 2022 · 2 mins read
UK Commercial Property Update Ukraine raises risk of sharper slowdown At the start of the Ukraine crisis, we felt the direct property impact would be modest, based on limited Russian ownership and capital flows. But as the conflict extends into a third week, concerns... 11th March 2022 · 3 mins read
UK Commercial Property Update South East office rents unlikely to rebound in 2022 The South East jobs market turned a corner during the second half of 2021. But while occupier activity has picked up, vacancy has also risen. As a result of this, and the effects of economic headwinds... 10th March 2022 · 3 mins read
Europe Commercial Property Update Amsterdam office rental growth to outperform EZ While we don’t think that 2021’s strong pace of prime office rental growth in Amsterdam will be sustained, we still expect growth to outperform the euro-zone over the next couple of years, averaging... 9th March 2022 · 3 mins read
US Housing Market Focus Will rental growth continue to boom? Rental growth hit record highs last year as a wave of pent-up demand, plenty of savings, the need for more space and lack of homes for sale all drove rental household formation higher. But some of... 4th March 2022 · 16 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Feb.) The construction PMI rose to its highest level in eleven months in February. Although encouraging, supply constraints remain a major impediment and input costs high, which we think will limit growth... 4th March 2022 · 2 mins read
