US Commercial Property Update

Poor recovery in home sales to weigh on self-storage rents

The slow recovery we expect in home sales over the coming years will be a key factor limiting self-storage demand from returning to pre-pandemic levels. As a result, even though completions will...

28th August 2025 · 5 mins read

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (Jun. 25)

UK commercial property is on the road to recovery and lending to the sector has been strong in recent months. But with yields set to remain stable, the rise in capital values will be modest over the...

18th June 2025 · 1 min read

UK Commercial Property Outlook

UK Commercial Property Outlook: Property insulated from tariffs but recovery weak

UK commercial property is relatively well insulated from the direct impact of US tariffs, and some sectors may even see small benefits. Rental growth has also held up better than expected. But with...

20th May 2025 · 26 mins read

UK Commercial Property Outlook

UK Commercial Property Outlook: Weak economy to weigh on property recovery

The economic outlook has worsened over the past couple of months, which supports our call that the recovery in commercial property will be modest by past standards. Admittedly, interest rates are set...

19th February 2025 · 26 mins read

US Commercial Property Update

Trump and US CRE: Four key client questions

The first week of the new Trump administration hasn’t thrown up any huge surprises in terms of policy announcements. But there remains considerable uncertainty about the impact of those policies and...

24th January 2025 · 4 mins read

US Commercial Property Update

Post-pandemic student housing rebound to be short-lived

Tight supply conditions will drive a solid rent outlook for the student housing sector over the next year. But the bigger picture remains one of slowing demand as steady declines in the college-age...

3rd December 2024 · 3 mins read

US Commercial Property Focus

Silver tsunami to boost senior housing

The recent downturn in US commercial property has piqued investor interest in alternatives as they look to diversify. With an aging population, senior housing has a clear long run structural demand...

18th November 2024 · 14 mins read

US Commercial Property Update

Alternatives set to account for above 20% of investment

Alternatives have grown in importance in portfolios in recent years and structural drivers including AI, an aging population and poor housing affordability point to further growth in occupier demand...

22nd October 2024 · 4 mins read

US Commercial Property Update

Innovation clusters to drive flex R&D performance

The flex industrial subsector outperformed most other property types over the last cycle. Its underlying characteristics mean demand and returns will continue to be healthy ahead, though the winning...

25th September 2024 · 3 mins read

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

UK Commercial Property Update

Commercial property capital values bottom out

The Q2 RICS commercial survey added to the growing body of evidence that capital values at the all-property level have now bottomed out. But, in line with our forecasts, it also implied that the...

25th July 2024 · 3 mins read

US Commercial Property Update

Strong US dollar to weigh on hotel recovery; West to trail

After a strong recovery post-pandemic, momentum in hotel revenue growth is likely to remain subdued over the next few years. With a stronger US dollar hindering the revival of the tourist industry, we...

25th June 2024 · 4 mins read

Europe Commercial Property Focus

How big a threat is debt distress in Europe?

Falling interest rates will not prevent a rise in refinancing distress in Europe in the coming years – debt funding gaps will be large and forced selling will increase. However, financing pressures...

7th February 2024 · 20 mins read

US Commercial Property Update

RICS Commercial Market Survey (Q4)

The Q4 RICS survey suggested that occupier and investment sentiment remained pessimistic in Q4. We expect sentiment will be subdued in at least the first half of 2024, with credit conditions staying...

25th January 2024 · 3 mins read

Europe Commercial Property Update

Residential yields have further to rise

The long boom in residential investment has been severely dented by soaring interest rates. Solid fundamentals mean investor interest will remain strong, but it is unlikely residential yields have...

24th January 2024 · 3 mins read