Europe Commercial Property Update

Investment recovery will not be pushed off course by Iran war

Lower interest rates and an improving bank lending environment mean we expect euro-zone investment to pick up in H2, allowing the full-year total to rise by somewhat more than the 15% annual rate of...

11th August 2026 · 3 mins read

India Economics Weekly

Data centre constraints, equities to outperform, July CPI

Reports this week that Google’s planned AI data centre in Andhra Pradesh is facing stiff opposition over its environmental impact have highlighted the challenges facing India’s digital ambitions...

7th August 2026 · 3 mins read

UK Commercial Property Valuation Monitor

UK Commercial Property Valuation Monitor (Q3 26)

Property valuations improved in Q2 as the 10-year gilt yield edged down and property yields saw little movement. Given our expectation that the 10-year gilt yield will drop to 4.5% by the end of 2026...

6th August 2026 · 1 min read

Event

US Commercial Real Estate Drop-In: Where to find outperformance in a sluggish recovery

12th August 2026, 3:00PM BST

US commercial real estate values have moved largely sideways since the start of 2025, making this one of the weakest recoveries of the modern era.

UK Commercial Property Update

RICS survey implies risk of UK commercial property capital value falls is declining

The Q2 RICS survey showed little change from the previous quarter, although a rise in capital value expectations suggests the impact of the Iran war on yields is now projected to be smaller. Overall...

30th July 2026 · 3 mins read

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (Jul. 26)

Higher risk-free interest rates and uncertainty from the war in Iran have led banks to tighten the availability of lending to commercial real estate. But property equities pricing has recovered from...

22nd July 2026 · 1 min read

Event

UK Property Drop-In: Can the UK get building again?

28th July 2026, 3:00PM BST

Construction output dropped to its lowest level since the COVID-19 lockdowns in the first quarter of 2026, with housing and commercial development both dropping back.

Global Commercial Property Update

UK commercial property investment to catch-up with US as rates fall back

A divergence in risk-free interest rates in the UK and US since the end of 2024 has led to a marked difference in the level of commercial property investment between the two countries, in part because...

20th July 2026 · 3 mins read

Global Commercial Property Chart Pack

Global Commercial Property Chart Pack (July 2026)

Strengthening economic activity in the US is set to support a pick-up in rental growth over the next year or so, but property performance is still likely to undershoot Europe. And while renewed Iran...

14th July 2026 · 0 mins read

US Commercial Property Rapid Response

US Commercial Property Lending (June 2026)

At $9.1bn, net lending by banks to commercial real estate in June slowed slightly from a downwardly-revised May figure, consistent with a solid start to the year for investment.

13th July 2026 · 1 min read

UK Commercial Property Update

Increased caution from lenders won’t trigger UK commercial capital value falls

The sharp decline in the balance of lenders who see commercial property prices as a positive for the availability of credit could be a sign that higher interest rates caused by the Iran war will lead...

8th July 2026 · 3 mins read

UK Commercial Property Outlook

Income returns to dominate as yields hold steady

The rise in gilt yields following the Iran war has so far not led to any increase in property yields, and we expect investors will largely look through what will be a temporary spike in risk-free...

2nd July 2026 · 22 mins read

Europe Commercial Property Outlook

Prime office outperformance to wane

The limited hit to economic activity from the Iran war and our expectation that risk-free rates will fall back mean we forecast only a temporary slowdown in European commercial property value growth...

1st July 2026 · 22 mins read

US Commercial Property Rapid Response

US Commercial Property Lending (May)

Net lending by banks to commercial real estate in May reached its highest level since December 2025, at $15.4bn. Both multifamily and other commercial sectors saw their highest monthly net lending...

15th June 2026 · 2 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