UK Commercial Property Rapid Response

Lending to commercial property (Jul. 24)

Net lending to commercial property was positive for the fourth consecutive month in July, albeit by a smaller £520mn. With development lending still negative, this was driven entirely by a rise in...

30th August 2024 · 1 min read

Europe Commercial Property Chart Pack

Europe Commercial Property Chart Pack (Q3 2024)

A stabilisation of property yields and solid rent growth mean that euro-zone all-property values increased in Q2 for the first time in two years. However, market sentiment remains very weak and...

23rd August 2024 · 0 mins read

Event

US Real Estate Drop-In: Why retail should be back on investors' radars

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After six consecutive years of underperformance, retail outperformed the all-property average in 2023.

UK Commercial Property Outlook

Look to beds, sheds and retail for best returns

Commercial property yields and capital values have stabilised in recent months, which has encouraged investors to dip their toes back into the sector. But the recovery is set to be a weak one...

22nd August 2024 · 26 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

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

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

US Commercial Property Update

Industrial sentiment worsens in Q2 RICS survey

While headline balances saw little movement, digging deeper the Q2 RICS survey shows a reversal of last quarter’s more positive outlook. Indeed, respondents seem more downbeat, with almost half now...

25th July 2024 · 6 mins read

Europe Commercial Property Update

Lending surveys point to weak recovery in transactions

Recent surveys of real estate lenders paint a picture of a European lending market that is still seized up, as loan terms tightened and credit demand fell in H1. Lenders are optimistic that demand for...

23rd July 2024 · 3 mins read

US Commercial Property Update

Distress rising, but still a long way to go

With the share of non-performing CMBS loans on the rise, and plenty of loans set to refinance onto a higher rate this year, recent data provide further evidence that distress will rise both this year...

18th July 2024 · 4 mins read

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (Jul. 24)

Yields look to have topped out in most sectors and alongside solid rental growth that means capital values are close to bottoming out. However, with no yield compression in sight the recovery will be...

17th July 2024 · 1 min read

UK Commercial Property Rapid Response

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

The headline CIPS construction PMI edged back in June from its two-year high last month, but at 52.2 remains in expansionary territory. Both the commercial and housing balances retreated, with the...

4th July 2024 · 1 min read