UK Commercial Property Rapid Response

Lending to UK commercial property (Jan. 26)

Net lending secured against commercial property slowed markedly in January, reaching just £0.87bn, its lowest monthly outturn since March 2025. While that drove a fall in the three-month rolling total...

2nd March 2026 · 1 min read

UK Commercial Property Outlook

UK Commercial Property Outlook: Stable yields mean steady returns

Property yields saw no movement in 2025 and we expect that stability to continue over the next few years. We think the 10-year gilt yield will see a small fall to around 4.25% by the end of 2026, but...

27th February 2026 · 26 mins read

APAC Commercial Property Chart Pack

APAC Commercial Property Chart Pack (Q1 2026)

Asia-Pacific all-property capital value declines eased further in Q4 to minus 0.8% y/y, reinforcing signs that the market is bottoming out. Looking ahead, however, elevated risk-free rates and muted...

26th February 2026 · 1 min read

Europe Commercial Property Chart Pack

Europe Commercial Property Chart Pack (Q1 2026)

Slightly lower prime property yields supported property values across most markets in 2025. However, we expect property yields to hold broadly steady this year and capital value growth to slow.

24th February 2026 · 0 mins read

US Commercial Property Update

Foreign capital flows to the US set to stay at low levels

The US’ relatively strong economic growth outlook and large data center market are likely to support a pick-up in foreign demand for US assets after the cross-border share of purchases fell to at...

17th February 2026 · 4 mins read

US Commercial Property Rapid Response

US Commercial Property Lending (Jan.26)

Net lending by banks to commercial real estate softened at the start of 2026 to $4.5bn in January, the lowest since September 2025. But the total of $33bn over the past three months represents a...

13th February 2026 · 1 min read

Europe Commercial Property Update

Q4 RICS survey highlights weakness in German and French markets

The Q4 RICS survey pointed to a largely stable euro-zone commercial property market at the end of last year. However, there were marked differences between prime and secondary assets as well as within...

10th February 2026 · 2 mins read

APAC Commercial Property Update

RICS survey shows APAC sentiment on an uptrend

The Q4 RICS Commercial Property Survey showed sentiment for Asia-Pacific stayed on an uptrend, though it hasn’t yet turned positive. Mainland China remained a significant drag on the region, while...

10th February 2026 · 3 mins read

US Commercial Property Update

Q4 RICS survey shows US real estate market well into recovery phase

The latest RICS survey showed that US commercial real estate is now well into the recovery phase, with improvements across the occupier and investment indicators. Rental expectations are therefore...

9th February 2026 · 3 mins read

UK Commercial Property Update

A strong Q4 doesn’t mean UK commercial property investment is set to boom

Commercial property investment hit a record high in Q4, but we doubt that signals the start of a strong recovery. Admittedly, a fall in financing costs will give transactions something of a boost in...

6th February 2026 · 4 mins read

Europe Commercial Property Update

Lending conditions improving, but refinancing challenges to persist

Survey data point to an improving commercial real estate lending environment in H1 this year. This will support investment activity, though our updated estimates suggest refinancing challenges will...

4th February 2026 · 2 mins read

UK Commercial Property Update

Alternatives and prime assets lead the way in RICS survey

The RICS survey showed overall occupier and investment market sentiment held in the doldrums at the end of 2025, with prospects for the major sectors muted. However, the outlook for prime assets was...

29th January 2026 · 3 mins read

Global Commercial Property Update

Data centers lift global CRE fundraising, but broader recovery fragile

Global commercial real estate fundraising improved last year, but the details highlight that the pick-up was mostly driven by data centers. A broader market recovery was held back by investor caution...

28th January 2026 · 3 mins read

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (Jan. 26)

Stable yields over 2025 led to a gradual slowdown in capital value growth to 1.4% y/y by the end of the year. And with yields set to see little movement over the next few years, we expect total...

23rd January 2026 · 1 min read

UK Commercial Property Update

Banks still keen to lend to UK commercial real estate

A divergence between banks’ expectations for house and commercial real estate prices may explain why they are still keen to ramp up lending to commercial real estate even as the availability of credit...

20th January 2026 · 3 mins read