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
UK Housing Market Outlook Possible tax rises a further headwind to housing Due to our view that lingering fiscal concerns will mean gilt yields and therefore mortgage rates will fall by less than we previously thought, we now expect house prices in the year to Q4 to rise by... 27th October 2025 · 17 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Oct. 25) Rental growth has continued to surprise on the upside, but signs of a more significant compression of yields in August have not carried through to September. Capital value growth is therefore muted... 21st October 2025 · 1 min read
US Housing Market Outlook Boost from lower mortgage rates to be short-lived While slightly lower borrowing costs have boosted the near-term outlook, the decline has not been large enough to meaningfully improve housing affordability. In addition, we believe that market... 20th October 2025 · 11 mins read
Global Commercial Property Update Retail and residential sectors set to outperform globally In a period of slow economic growth but stabilising inflation and earnings growth, we expect the residential sector to see the strongest rental growth globally, with industrial close behind thanks to... 15th October 2025 · 4 mins read
US Commercial Property Apartment Metros Outlook Strong supply pipelines cloud outlook for D.C. & Miami Multifamily is set to be a top-performing sector over our five-year forecast, but returns will differ significantly across the 17 metros in our coverage. Miami and D.C. are likely to struggle as... 9th October 2025 · 6 mins read
UK Housing Market Update UK RICS Residential Market Survey (Sep. 2025) September’s RICS survey provides further evidence that the prospect of tax rises in the Budget on 26th November has put the housing market on ice, particularly in London. If taxes on property were to... 9th October 2025 · 3 mins read
APAC Commercial Property Update China's office market weakness to persist through 2027 Mainland China’s office market has been in a prolonged downturn since 2018 as structural headwinds, including weak economic growth, cautious corporate hiring, and rampant new supply have kept vacancy... 8th October 2025 · 4 mins read
US Commercial Property Office Metros Outlook Southern US office markets still set to outperform We expect capital values to see another drop in 2026. But led by strong rent growth in Miami, we think southern markets will start to recover before the end of next year. Occupier demand in these... 26th September 2025 · 6 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Sep. 2025) Possible tax rises in the Budget on 26th November risk further restraining housing activity next year. What’s more, our new forecast for 10-year gilt yields to fall from 4.71% now to 4.25% next year... 25th September 2025 · 1 min read
US Commercial Property Outlook Final value falls deferred again, but US CRE still overvalued Our view that capital values still need to fall by 5% at the all-property level keeps our forecasts below consensus. Based on our forecast of a long-term 10-year Treasury yield of 4.5%, appraised cap... 22nd September 2025 · 21 mins read
UK Commercial Property Update IPF UK Commercial Property Consensus Forecasts The September IPF consensus survey forecasted all-property total returns of 7.9% p.a. over 2025-29. That was unchanged from May, with a downgrade to 2025 returns offset by a slight upgrade over the... 19th September 2025 · 3 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Sep. 25) Rental growth has continued to defy gravity and there is early evidence of yield compression in some sectors such as offices. Nevertheless, a muted economic outlook and limited chance of a substantial... 17th September 2025 · 1 min read
UK Housing Market Update UK RICS Residential Market Survey (Aug. 2025) August’s RICS survey shows that the combination of weak employment, rebounding mortgage rates and fears over tax rises in the Budget on 26 th November are holding back housing activity, while rents... 11th September 2025 · 3 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Aug. 2025) The still tight rental market and softening outlook for housing activity – due to weak employment, high mortgage rates and growing speculation around property tax rises in the Autumn Budget – suggests... 29th August 2025 · 1 min read
