US Commercial Property Focus Forecasting US Commercial Property This Focus is a reference guide for clients of our new US Commercial Property service. It outlines the key pillars of our forecasting approach, updating previous methodological work from our... 17th March 2020 · 20 mins read
Europe Commercial Property Update What does COVID-19 mean for commercial real estate? The recent market meltdown reflects concerns about the economic impact of the COVID-19 virus. This will inevitably hit commercial property, but in our view, the downside is likely to be relatively... 6th March 2020 · 5 mins read
Asset Allocation Long-Term Outlook Don’t expect another roaring ‘20s, even after virus fears fade This is the first edition of our annual Long-Term Asset Allocation Outlook. It covers the outlook for asset returns over the next decade, and is designed to complement the standard Asset Allocation... 4th March 2020 · 20 mins read
UK Commercial Property Update How might coronavirus impact European high streets? A reduction in Chinese tourism as a result of the coronavirus will lead to lower spending on prime high streets, particularly in Rome, Paris and London. If tourism reduces on a global scale, the... 4th February 2020 · 3 mins read
US Commercial Property Focus Six key calls for US commercial property We are launching our new subscription service on US commercial real estate by outlining six key calls that we believe will shape the sector’s story in the coming years. The macroeconomic environment... 28th January 2020 · 18 mins read
Europe Commercial Property Update Still some upside for German prime industrial rents While the manufacturing downturn has not helped the industrial sector in Germany at a national level, growing e-commerce means that prime industrial rents will still muster some growth over the next... 22nd November 2019 · 3 mins read
Europe Commercial Property Update Gloomy outlook for German retail rents Although occupier demand appears to be holding up in Germany, a combination of structural and cyclical factors has weighed on retail rents. And with meagre economic growth expected until at least the... 6th November 2019 · 3 mins read
UK Commercial Property Update What happens to London’s offices if WeWork fails? The financial woes of WeWork have cast doubts over its long-run future and, given the reliance of the London office market on the co-working trailblazer, on the property outlook. In our view, this is... 21st October 2019 · 3 mins read
Europe Commercial Property Update Lift-off for Athens prime retail? We expect the upturn in consumer confidence in Greece this year to feed through to a pick-up in retail sales growth, supporting retailer demand in Athens. Coupled with further yield falls, Athens high... 18th October 2019 · 3 mins read
UK Commercial Property Update Soft tourism to weigh on the hotel sector We expect weak global growth to keep a lid on UK tourist flows. And with yields most likely to continue to rise, hotel capital values are likely to fall over the next few years. 18th October 2019 · 3 mins read
Europe Commercial Property Update Budapest retail and industrial to top the CEE tables The outperformance of Budapest’s office sector is coming to a close, but we still expect the retail and industrial sectors to beat their CEE peers in terms of total returns. 17th October 2019 · 3 mins read
Europe Commercial Property Update Limited upward movement in Paris prime retail rents While Paris prime retail rents rose in 2018, we doubt this marks the start of a prolonged upward trend. With tourist flows set to stagnate due to a weak global economy, rents will not rise by much... 9th October 2019 · 3 mins read
Europe Commercial Property Update Debt and equity availability will keep yields falling A further downgrade to the euro-zone growth outlook means that additional monetary loosening is on the cards. While this doesn’t substantially shift our expectations for property yields over the next... 27th September 2019 · 3 mins read
Europe Commercial Property Outlook Further falls in yields to sustain capital value growth With the euro-zone slowdown underway, we think that the ECB will loosen monetary policy before the year is out, meaning bond yields are set to remain negative for some time. As a result, yield... 11th September 2019 · 30 mins read
UK Commercial Property Outlook Returns to weaken regardless of Brexit Regardless of the Brexit outcome, we expect all-property returns to be squeezed as a result of weakness in the retail sector. However, as Brexit could dramatically alter the near-term outlook for the... 15th August 2019 · 25 mins read
Europe Commercial Property Update Vacancy set to stabilise at cyclical lows in Paris Paris office take-up is likely to drop back a little this year, but with economic growth staying steady, it’s unlikely to fall off a cliff. A fairly restricted supply outlook means that vacancy can... 4th July 2019 · 3 mins read
