UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (July 26) There was a sharp rebound in the construction PMI in July, with the headline measure bouncing back to 44.7, not far off its average level in the first three months of the year. However, although we... 6th August 2026 · 1 min read
UK Commercial Property Update RICS survey implies risk of UK commercial property capital value falls is declining The Q2 RICS survey showed little change from the previous quarter, although a rise in capital value expectations suggests the impact of the Iran war on yields is now projected to be smaller. Overall... 30th July 2026 · 3 mins read
Event UK Property Drop-In: Can the UK get building again? 28th July 2026, 3:00PM BST Construction output dropped to its lowest level since the COVID-19 lockdowns in the first quarter of 2026, with housing and commercial development both dropping back.
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (June 26) The construction sector appears to have stabilised in June as, after three straight months of falls, the headline CIPS construction PMI rose marginally, from 38.2 to 38.4. While that remains an... 6th July 2026 · 1 min read
UK Commercial Property Outlook Income returns to dominate as yields hold steady The rise in gilt yields following the Iran war has so far not led to any increase in property yields, and we expect investors will largely look through what will be a temporary spike in risk-free... 2nd July 2026 · 22 mins read
UK Commercial Property Update High costs mean low development and falling UK land prices The Iran war looks set to boost commercial construction costs by at least 8%, on top of the 24% rise seen since 2021. With commercial capital value growth also coming under pressure as interest rates... 11th June 2026 · 4 mins read
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (May 26) After another month-on-month decline, the headline CIPS construction PMI dropped to 38.2, its lowest level since May 2020. Meanwhile, t he fourth consecutive fall in the future activity index, to 53.0... 4th June 2026 · 1 min read
UK Commercial Property Rapid Response Lending to UK commercial property (Apr. 26) Net lending to commercial property totalled around £1.5bn in April, weaker than the strong March reading of £2.5bn. The softer April reading likely reflected a slowdown in the investment transactions... 2nd June 2026 · 1 min read
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (Apr. 26) The headline CIPS construction PMI fell by nearly 6%-pts in April to 39.7, its lowest reading since November. Meanwhile, the input prices index again climbed sharply, reaching 81.4, now more than 20%... 7th May 2026 · 2 mins read
UK Commercial Property Rapid Response Lending to UK commercial property (Mar. 26) Net lending to commercial property rose sharply in March, reaching £2.5bn. Given that was the first full month following the start of the Iran war, on first glance the strength of the data come as a... 1st May 2026 · 2 mins read
UK Commercial Property Update Multifamily build-to-rent supply to recover from 2028 High financing and construction costs, combined with significant delays from the Building Safety Act, meant multifamily build-to-rent completions saw a 28% y/y decline in 2025. A thin pipeline... 29th April 2026 · 4 mins read
Global Commercial Property Update CRE construction cost rises most impactful in retail and hotels Commercial real estate construction costs are already showing signs of rising due to the Iran war. While this will weigh on profitability of new projects, the impact will vary by sector, with retail... 23rd April 2026 · 3 mins read
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (Mar. 26) The headline CIPS construction PMI saw a surprising tick higher in March. But with the input price index climbing precipitously and new orders and future business expectations dropping back, it’s... 8th April 2026 · 2 mins read
Global Property Outlook Iran war’s property impact will be small and short-lived Given the fast-moving nature of events in Iran and the Strait of Hormuz, this global publication brings together our updated residential and commercial property market analysis and forecasts. It... 1st April 2026 · 23 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
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (Jan. 26) The headline CIPS construction PMI leapt to 46.4 in January, a level broadly in line with September 2025 after three particularly weak months at the end of 2025. Nevertheless, that kept the index in... 5th February 2026 · 1 min read
