Europe Commercial Property Update

Worst of online drag is over, especially in the south

Recent estimates add to the evidence that online retail shares are growing more slowly across Europe. There has also been little sign of convergence in online shares, supporting our long-held view...

3rd September 2024 · 3 mins read

Europe Commercial Property Chart Pack

Europe Commercial Property Chart Pack (Q3 2024)

A stabilisation of property yields and solid rent growth mean that euro-zone all-property values increased in Q2 for the first time in two years. However, market sentiment remains very weak and...

23rd August 2024 · 0 mins read

Event

US Real Estate Drop-In: Why retail should be back on investors' radars

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After six consecutive years of underperformance, retail outperformed the all-property average in 2023.

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

US Commercial Property Focus

Time to go shopping for retail assets

Retail real estate has faced a tough period, buffeted by the rise of e-commerce, extensive oversupply and the impacts of the pandemic on in-store shopping. But we think the sector is well down the...

20th August 2024 · 21 mins read

Europe Commercial Property Valuation Monitor

Europe Commercial Property Valuation Monitor (Q3 2024)

Commercial property valuations worsened slightly in Q2 across all sectors as bond yields rose while property yields held steady. However, the decline in government bond yields so far in Q3 means...

20th August 2024 · 0 mins read

Europe Commercial Property Update

Data improving, but German retail prospects still weak

Despite better occupier data in H1, the weak consumer backdrop and still elevated vacancy mean we expect German retail rents to only hold steady this year. Thereafter, we expect rental gains to lag...

15th August 2024 · 3 mins read

US Commercial Property Chart Pack

US Commercial Property Chart Pack (Q3 24)

While investment has tentatively turned a corner, subdued activity and further rises in cap rates mean 2024 will still be a tough year. All-property values are down by 18% from their mid-2022 peaks...

14th August 2024 · 1 min read

UK Commercial Property Update

Retail investment will continue to lead the recovery

Commercial property investment is on track to hit our forecast for a rise of 20% this year, helped by a substantial rise in retail transactions. A decent rental growth outlook coupled with attractive...

14th August 2024 · 3 mins read

US Commercial Property Update

Industrial sentiment worsens in Q2 RICS survey

While headline balances saw little movement, digging deeper the Q2 RICS survey shows a reversal of last quarter’s more positive outlook. Indeed, respondents seem more downbeat, with almost half now...

25th July 2024 · 6 mins read

Europe Commercial Property Update

RICS survey sours on France, turns upbeat on values

The Q2 RICS survey showed that sentiment toward offices is improving – occupier demand balances saw the largest sectoral rise and rent and value growth expectations were raised. With year-ahead...

25th July 2024 · 4 mins read

UK Commercial Property Update

Supermarket recovery delayed, but still imminent

Supermarkets struggled in 2023, as falling food sales volumes hit profits and rental growth. But the future looks brighter. As food price inflation has fallen supermarket profits have recovered and...

24th July 2024 · 3 mins read

US Commercial Property Update

Flight to more affordable South set to continue

Many households have left western metros in favor of those in the South over the past two years. With remote working looking like a permanent fixture of office-based jobs and affordability...

16th July 2024 · 4 mins read

Global Commercial Property Chart Pack

Global Commercial Property Chartpack

The slower adjustment to past rises in interest rates and a sharper hit to office demand is set to weigh on US property returns over the next couple of years. Overall, the UK is set to outperform over...

3rd July 2024 · 1 min read

UK Commercial Property Update

Retail rental growth pessimism appears misplaced

The consensus is still downbeat on the outlook for retail rents, with growth expected to underperform even the struggling office sector. But with a decent consumer recovery on the horizon we think...

2nd July 2024 · 3 mins read