UK Commercial Property Update Could UK commercial property benefit from US tariffs? The UK economy is relatively well insulated from the rise in US tariffs, and property even more so. Indeed, while the overall direct impact is likely to be small, some commercial sectors may even see... 29th April 2025 · 4 mins read
US Commercial Property Update Q1 RICS survey shows resilient US CRE sentiment, but downside risks ahead The Q1 RICS US commercial property survey reported steady investment sentiment. That is in line with our belief that the market is headed for an upturn, although the impact of new tariffs and the... 25th April 2025 · 3 mins read
Europe Commercial Property Update Q1 RICS survey highlights weak momentum in European CRE The RICS survey showed that the recovery in occupier and investor demand remained muted in Q1 and uncertainty about tariffs means this picture is unlikely to change in the near term. 24th April 2025 · 3 mins read
Global Commercial Property Chart Pack Global Commercial Property Chartpack (Q1 2025) Aside from some industrial assets, commercial property is not directly impacted by higher tariffs. However, uncertainty and the likelihood that economic growth slows will likely hold back investment... 17th April 2025 · 0 mins read
Europe Commercial Property Update Is German retail making a comeback? German retail performance has been among the worst in the euro-zone for most of the last decade. A combination of declining vacancy, better affordability and reduced online leakage point to a relative... 16th April 2025 · 4 mins read
Europe Commercial Property Outlook Europe Commercial Property Outlook: Higher interest rates weaken the recovery Following upward revisions to our forecasts for policy rates and bond yields, we have raised our forecasts for prime property yields in Europe and now expect increases of around 20-25bps by the end of... 27th March 2025 · 28 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Mar. 25) Gilt yields should fall back this year, but with property looking somewhat overvalued we doubt that will trigger much in the way of yield compression. That means the recovery in all-property returns... 21st March 2025 · 1 min read
UK Commercial Property Update Remote work is here to stay in UK, US and EU Despite numerous reports of firms rowing back on remote work, the evidence in the UK, US and the EU suggests that the share of jobs being done remotely has remained constant over the past couple of... 20th March 2025 · 5 mins read
US Commercial Property Outlook US Commercial Property Outlook: Returns will be weighed down by “new normal” for bond yields Our new forecasts have been compiled in the most uncertain geoeconomic environment for a long time. But our firmly below-consensus expectations for US CRE are led by our view that nearly three years... 13th March 2025 · 20 mins read
UK Commercial Property Update Physical UK retail property now better able to compete with online The sharp drop in retail rents seen during the pandemic coincided with a surge in rents for distribution warehouses and, as a result, the difference between the two is at a record low. That will help... 10th March 2025 · 3 mins read
UK Commercial Property Update IPF UK Commercial Property Consensus Forecasts (Mar. 25.) The latest IPF Consensus Survey was broadly unchanged from the previous forecast round. Total returns at the all-property level are forecast to be 8.0% p.a. over 2025-29, with views ranging from a... 7th March 2025 · 3 mins read
US Commercial Property Chart Pack US Commercial Property Chart Pack (Q1 2025) All-property values edged down by 0.1% in Q4 but the magnitude of decline narrowed. Appraisal-based cap rates also fell for the first time since mid-2022. However, we still believe appraisals have... 28th February 2025 · 1 min read
Europe Commercial Property Chart Pack Europe Commercial Property Chart Pack (Q1 2025) Euro-zone prime property yields fell slightly in Q4, led by offices and industrial. However, a slowdown in rental gains as vacancy climbed higher meant that capital value growth slowed slightly... 28th February 2025 · 0 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
Europe Commercial Property Valuation Monitor Europe Commercial Property Valuation Monitor (Q1 2025) Commercial property valuations worsened in Q4 last year as alternative asset yields rose while property yields edged lower, leaving only the prime office sector fairly valued. That said, the falls we... 19th February 2025 · 0 mins read
UK Commercial Property Update Retail is back, but online will remain a drag into the 2030s Five years ago, the retail sector was staring at the abyss, as lockdowns and virus-related restrictions worsened what was already a crisis in demand. The turnaround since has been dramatic. But while... 12th February 2025 · 5 mins read
