Global Commercial Property Update Retail and hospitality sectors to bear the brunt of Iran War The effects of the Iran war will feed through to property occupiers through two main channels: higher energy costs and lower household disposable income growth. The impact on sectors will vary based... 9th April 2026 · 4 mins read
Global Property Outlook Iran war’s property impact will be small and short-lived This global publication brings together our updated residential and commercial property market analysis and forecasts in light of the Iran war. It introduces new forecasts for US and UK housing as... 1st April 2026 · 22 mins read
Global Commercial Property Update Alternative real estate sectors set to gain more ground In an environment of relatively weak economic growth, alternative sectors stand to benefit from a lower reliance on cyclical drivers, and support from structural trends that will drive long-term... 24th March 2026 · 3 mins read
US Commercial Property Update Q1 26 PREA consensus much more optimistic than us The Q1 PREA consensus for returns of 6.8% p.a. over 2026-30 is significantly above our call for returns of 5.2% p.a. Our view that appraised cap rates have further to rise is behind that difference... 12th March 2026 · 3 mins read
US Commercial Property Chart Pack US Commercial Property Chart Pack Q1 2026 All-property capital values have stabilized in recent quarters and although our CE Capital Value Lead Indicator suggests an acceleration in H1, we think sentiment will soften in the coming months and... 5th March 2026 · 1 min 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
US Commercial Property Update Why have data center REIT prices and asset values diverged? The divergence between data center REIT performance and data center asset values over the last year appears to reflect the high level of uncertainty in the sector. Questions over power constraints... 22nd January 2026 · 4 mins read
US Commercial Property Update Q4 PREA consensus trimmed forecasts again, but not enough The Q4 PREA consensus downgraded the all-property forecast for 2026-29. Even so, the consensus is still notably more optimistic than us. Indeed, stretched valuations mean we expect a modest rise in... 9th December 2025 · 3 mins read
Global Commercial Property Update Key themes for global commercial real estate in 2026 As the new year approaches, we are highlighting the key themes that we think will set the overarching narrative for global commercial real estate in 2026. 5th December 2025 · 4 mins read
US Commercial Property Outlook Retail shines in a disappointing recovery Below-trend economic growth and high interest rates will continue to weigh on all-property total returns, which we think will average just 5.5% p.a. over 2026-30. Of the major sectors, we think retail... 4th December 2025 · 21 mins read
US Commercial Property Chart Pack US Commercial Property Chart Pack Q4 2025 All-property capital values were flat in Q3 and our CE Capital Value Lead Indicator suggests more of the same in Q4 and into early 2026. Lagging appraisal adjustments and still-high financing costs... 20th November 2025 · 0 mins read
US Commercial Property Update Senior housing returns to exceed 10% p.a. over 2026-30 Solid demand and a lack of new supply mean we expect senior housing vacancy rates to reach record lows in 2027 and stay at low levels in the following years, helping rent gains averages 4.5% p.a. over... 13th November 2025 · 3 mins read
US Commercial Property Update Q3 US RICS survey shows growing market confidence Investment sentiment saw a sharp improvement in Q3, buoyed by falling interest rates and growing confidence in the economic outlook, although foreign enquiries remained in the doldrums. There was also... 30th October 2025 · 3 mins read
UK Commercial Property Update RICS survey flags concerns over the UK commercial property recovery The RICS survey showed that occupier demand dropped back in Q3 as concerns over the economic outlook, uncertainty around the Budget and rising interests rates all sapped confidence. That has cut... 30th October 2025 · 3 mins read
US Commercial Property Update Self-storage valuations look most stretched of all main sectors Self-storage cap rates are roughly on par with the 10-year Treasury yield, which is well short of the 200bps spread seen over the last 10 years. Coupled with an uninspiring outlook for rent growth... 22nd October 2025 · 4 mins read
UK Commercial Property Update UK PBSA may benefit from drop in US foreign students The number of visas granted to foreign students looking to study in the UK saw a substantial rise in Q2, likely reflecting a substantial fall in the numbers entering the US as restrictions there have... 10th September 2025 · 3 mins read
