US Commercial Property Update Bank on South Florida for office rental growth The faster-than-average recovery in financial sector employment in the Miami metro owes much to new office openings by banking and finance firms in the last 18 months. This has made Miami one of the... 8th November 2021 · 3 mins read
US Commercial Property Update Downtown offices not losing out everywhere National office data suggest that suburban office markets have significantly outperformed downtown offices since the onset of the pandemic. But metro-level data point to a more nuanced picture in... 18th October 2021 · 3 mins read
US Housing Market Outlook Major Apartment Markets Outlook (Q3 2021) The apartment market is set for a stellar year. The reopening of cities is bringing vacancy rates down and pushing rents up, and strong investor demand has led to a sharp fall in yields. We expect... 1st October 2021 · 8 mins read
US Commercial Property Data Response US Metro Employment (Aug.) Delta variant fears resulted in leisure and hospitality employment falling in 12 of the 30 metros. Of these, Atlanta, Austin, Charlotte and Dallas were the worst hit. Leisure and hospitality... 29th September 2021 · 3 mins read
US Commercial Property Focus Which apartment markets will benefit most from remote work? We think that for the extra one million footloose American workers created by the pandemic, the cost of living has become far more important to their decision of where to live than in the past, while... 28th September 2021 · 18 mins read
US Commercial Property Outlook Major Office Markets Outlook (Q3 2021) With absorption of landlord-held office stock set to remain negative for the foreseeable future, we continue to expect vacancy rates to climb and rents to fall in all six major office markets over the... 27th September 2021 · 16 mins read
US Commercial Property Update Three reasons why Chicago will emerge a winner Chicago’s office market will not escape the gloomy outlook caused by the shift to remote working. But we expect the low level of rents, the small share of jobs in the information sector, and a... 17th September 2021 · 3 mins read
US Commercial Property Data Response US Metro Employment (Jul.) Job growth showed no sign of slowing in July, with gains in the leisure & hospitality sector continuing to drive the recovery. This benefitted Boston, Washington D.C. and New York City significantly... 1st September 2021 · 2 mins read
US Commercial Property Chart Pack Office metro-level divergence to persist After a period of strong economic growth in H1 2021, with high inflation squeezing incomes and the spread of the Delta variant, the outlook for H2 is less positive. That said, we don’t expect this to... 18th August 2021 · 12 mins read
Europe Commercial Property Focus What will COVID-19 mean for the largest global cities? Cities are central to property performance. And the largest are seen as hugely important by investors. But the pandemic has turned many received ideas about real estate on their head and we think that... 10th August 2021 · 20 mins read
US Commercial Property Data Response US Metro Employment (Jun.) Employment growth accelerated in June, helping office-based employment return to pre-pandemic levels in almost a third of metros. But the 3m/3m growth rate in total employment was highest in the... 28th July 2021 · 2 mins read
US Commercial Property Data Response US Metro Employment (May.) Employment growth in May was positive in all metros, largely driven by gains in the leisure & hospitality sector. This benefited Orlando, Los Angeles and Las Vegas the most, but still left employment... 30th June 2021 · 2 mins read
US Housing Major Apartment Markets Outlook (Q2 2021) With cities reopening apartment demand will see a substantial rise this year, boosted by the arrival of households who delayed a move last year. Vacancy rates will fall back in all six major cities... 29th June 2021 · 8 mins read
US Commercial Property Outlook Major Office Markets Outlook (Q2 2021) The start to the year has been in line with our expectations, meaning that falls in absorption and rents have generally accelerated in the six major metros. Owing to their relatively low rents and... 18th June 2021 · 15 mins read
UK Commercial Property Update Can urban logistics fill the void in cities? The acceleration of structural shifts is likely to result in some conversion of retail and to a lesser extent office space to urban logistics use. However, we think these conversions will be... 9th June 2021 · 3 mins read
US Commercial Property Data Response US Metro Employment (Apr.) Employment growth in the three-months to April was positive in all 30 of the largest metros. However, the rate of growth remains slow as labour shortages weigh on the jobs recovery. As a result, total... 2nd June 2021 · 2 mins read
