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
US Commercial Property Update Austin and Seattle set to slide down the office rankings Although office values have held up well in tech hubs such as Seattle and Austin, they have also seen some of the largest falls in occupier demand. Further substantial reductions in floorspace by tech... 1st June 2021 · 3 mins read
UK Commercial Property Update Homeworking brings more pain for city retail Retail has been the hardest hit of the major sectors during the pandemic, though hope is returning with the re-opening of economies. But new challenges are emerging. In particular, we think that more... 18th May 2021 · 3 mins read
Europe Commercial Property In which cities will WFH have a larger impact? More working from home will inevitably change cities as we know them. However, cities are more than just workers. This means that cities where a higher share of jobs can be done remotely are not... 5th May 2021 · 4 mins read
US Commercial Property Data Response US Metro Employment (Mar.) Employment growth in the three-months to March was positive in almost all metros, but those in southern states tended to be the better performers. With Miami’s hospitality sector performing... 28th April 2021 · 2 mins read
US Commercial Property Update D.C. service sector supports out-performance In our recent Office and Apartment Outlooks, we identified Washington D.C. as the top performer over a five-year forecast in both sectors. Those expectations are driven by several factors influencing... 20th April 2021 · 3 mins read
US Housing Is there still a bright future for Sunbelt apartments? The easing of virus restrictions and return to offices for many white-collar workers will mean that apartment markets in cities such as NYC and Washington D.C. will outperform this year. But we think... 15th April 2021 · 3 mins read
US Commercial Property Data Response US Metro Employment (Feb.) Employment growth in the three-months to February was heavily influenced by the rate of virus cases and consequent restrictions in place. And office-based jobs growth is still strongest in mid-sized... 7th April 2021 · 2 mins read
US Commercial Property Outlook NYC and D.C. to benefit from COVID bounce-back All major city apartment markets will benefit from the reopening of the economy and reduction in remote work, with rental demand also supported by record low numbers of homes for sale. New York City... 1st April 2021 · 8 mins read
US Commercial Property Outlook Major Office Markets Outlook (Q1 2021) There are forecast downgrades across the board this quarter, owing to the changes to our occupier demand expectations at the sector level. The markets broadly split into three pairs. New York City and... 31st March 2021 · 16 mins read
Europe Commercial Property Update The future for city property In our Future of Property research, we identified important post-pandemic shifts in most real estate sectors. How these trends interact will be key to the outlook for the urban locations where most... 4th February 2021 · 6 mins read
