Europe Commercial Property Update Q2 RICS survey shows muted euro-zone CRE recovery The latest RICS survey indicated that the recovery in occupier and investor demand in the euro-zone was muted in Q2. While the reduction in tariff uncertainty should support demand further ahead, the... 31st July 2025 · 2 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Jul. 25) Yields for the main commercial property sectors have been remarkably stable over past 18 months, and we expect that stability will continue. That means capital value growth will average under 3% p.a... 24th July 2025 · 1 min read
US Commercial Property Update US consumer sector divergence echoed in winning retailer types The retail sector was suffering before the rise in tariffs as consumers were hit by higher costs and interest rates. But digging deeper exposes a divergent picture between higher and lower-earning... 15th July 2025 · 3 mins read
APAC Commercial Property Chart Pack APAC Commercial Property Chart Pack (Q2 2025) All-property Asia-Pacific capital values fell at a slower rate of 3.4% y/y in Q1, driven by smaller declines in Australia and Hong Kong. But looking ahead, we expect the upturn in both investment... 9th July 2025 · 0 mins read
Europe Commercial Property Update Portuguese retail to lead the euro-zone We anticipate further yield falls for prime Portugal retail assets over the rest of the year. And with robust economic fundamentals and a solid rental outlook we forecast Portugal to be one of the... 9th July 2025 · 3 mins read
UK Commercial Property Update Household savings to support UK spending and retail rents Real household disposable income growth is now slowing, but we still expect household consumption will accelerate to around 1.8% y/y on average over 2025-27 as households start to run down the savings... 2nd July 2025 · 3 mins read
Global Commercial Property Chart Pack Global Commercial Property Chartpack (Q2 2025) The gradual recovery in property values underway in Europe is unlikely to be pushed off track by tariff developments this year, but we think values still have further to fall in the US and APAC as... 2nd July 2025 · 1 min read
APAC Commercial Property Outlook APAC Commercial Property Outlook: Values to fall as region’s markets struggle to recover The outlook for the Asia-Pacific markets is relatively poor. We think higher-for-longer bond yields will limit the pace of recovery in this cycle globally, but this will be compounded by a weak... 27th June 2025 · 20 mins read
US Commercial Property Outlook US Commercial Property Outlook: More capital value falls to come in all sectors this year We think the short-term outlook for capital values is poor, with valuations looking stretched across all measures. This does not appear to be reflected in other forecasts, meaning our forecasts for... 24th June 2025 · 22 mins read
Europe Commercial Property Outlook Europe Commercial Property Outlook: Insulated from tariffs but outlook for property values is weak European commercial property is relatively insulated from the direct impact of US tariffs, but property markets are also not likely to see substantial benefit from more fiscal spending. In all, our... 19th June 2025 · 27 mins read
US Commercial Property Chart Pack US Commercial Property Chart Pack (Q2 2025) All-property capital values edged up by 0.1% in Q1, marking the first increase since mid-2022. Meanwhile, appraisal-based cap rates were flat after compressing by a slight margin in Q4 2024. We still... 30th May 2025 · 1 min read
Europe Commercial Property Chart Pack Europe Commercial Property Chart Pack (Q2 2025) Weaker rental growth and only a small fall in prime yields meant capital value growth slowed in Q1 in most of Europe. Looking ahead, while most European commercial property assets are not directly... 22nd May 2025 · 0 mins read
UK Commercial Property Outlook UK Commercial Property Outlook: Property insulated from tariffs but recovery weak UK commercial property is relatively well insulated from the direct impact of US tariffs, and some sectors may even see small benefits. Rental growth has also held up better than expected. But with... 20th May 2025 · 26 mins read
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
