Europe Commercial Property Chart Pack

Europe Commercial Property Chart Pack (Q2 2026)

Prime office values continued to grow strongly in Q1, in contrast to a further slowdown in the retail and industrial sectors. These two sectors are also more vulnerable to the impacts of the Iran war...

3rd June 2026 · 0 mins read

UK Commercial Property Update

RE:UK Consensus Forecasts (May 26)

The May RE:UK consensus forecasts showed that higher risk-free rates due to the Iran war are expected to hit commercial property capital values in 2026, and all-property total returns for the year...

28th May 2026 · 3 mins read

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (May 26)

The risks to the commercial property market from the Iran war are increasing, and the longer risk-free interest rates remain elevated the more likely that will feed through to higher property yields...

22nd May 2026 · 1 min read

US Commercial Property Update

Q1 RICS survey implies Iran war will increase US cap rates

The latest RICS survey showed that the Iran war has dampened both occupier and investor sentiment, with the latter seeing a larger fall. Rental expectations held up though, which implies the fall in...

18th May 2026 · 3 mins read

Europe Commercial Property Update

Election signals reset opportunity for Hungary’s real estate

Hungary’s decisive election result has improved investor sentiment and medium-term economic prospects. While it is still early days, we think it will bring positive spillovers to real estate, with...

28th April 2026 · 3 mins read

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (Apr. 26)

The Iran conflict has increased uncertainty and pushed up long-term interest rates, both of which will weigh on investment activity over the next few months. But property yields saw no rise in March...

22nd April 2026 · 1 min read

Global Commercial Property Chart Pack

Global Commercial Property Chartpack (Q1 2026)

The rise in economic uncertainty and market interest rates because of the Iran war will weigh on property market activity in the first half of the year. However, under our baseline scenario (in which...

13th April 2026 · 0 mins read

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

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

UK Commercial Property Chart Pack

UK Commercial Property Chart Pack (Mar. 26)

The Iran conflict has increased uncertainty and pushed up interest rates, both of which will weigh on investment activity over the next few months. But, assuming the impact of the conflict is short...

19th March 2026 · 1 min 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

UK Commercial Property Update

IPF UK Commercial Property Consensus Forecasts (Mar. 26)

The March IPF consensus survey, conducted before the Iran conflict, forecasted all-property total returns of 7.7% p.a. over 2026-30 which, aside from a downgrade to 2026, was essentially unchanged...

11th March 2026 · 3 mins read

UK Commercial Property Update

Iran conflict a small downside risk for UK commercial real estate

The increase in energy costs brought about by the conflict in Iran could hit commercial property returns either through squeezed occupier margins and therefore weaker property demand and rent growth...

6th March 2026 · 4 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 Outlook

UK Commercial Property Outlook: Stable yields mean steady returns

Property yields saw no movement in 2025 and we expect that stability to continue over the next few years. We think the 10-year gilt yield will see a small fall to around 4.25% by the end of 2026, but...

27th February 2026 · 26 mins read