APAC Commercial Property Valuation Monitor APAC Commercial Property Valuation Monitor (Q3 2025) The decline in Q2 government bond yields boosted APAC valuation scores. But with risk-free rates still high, property yields will not see meaningful falls. 18th August 2025 · 1 min read
Middle East & North Africa Economics Weekly MENA Weekly: Egypt’s central bank governor race & rate cuts, Dubai’s boom The term of the incumbent Central Bank of Egypt governor, Hassan Abdalla, is due to expire next week and, while it is not yet clear if Mr. Abdalla will be kept on or a successor appointed, it will be... 14th August 2025 · 6 mins read
US Housing Market Update Labour market slowdown won’t curtail rental demand The recent slowdown in the labour market won’t stop rental demand from continuing to climb this year, given that falling labour demand and the immigration clampdown are most impacting cross-sections... 14th August 2025 · 3 mins read
Europe Commercial Property Update Spanish industrial rent outlook solid, but little room for yield falls The solid pace of economic growth in Spain over the next couple of years will continue to support robust rates of industrial rental growth. However, we don’t think that will be enough to justify large... 14th August 2025 · 3 mins read
UK Housing Market Update UK RICS Residential Market Survey (Jul. 2025) The still tight rental market and softening in housing activity recorded by the RICS survey in July implies that rents will continue to rise faster than house prices for another year or so. 14th August 2025 · 2 mins read
Global Commercial Property Update Global CRE needs a reset for real recovery to take hold With interest rates staying high and closed-end funds already sitting on a large volume of investors’ capital, global real estate fundraising looks set to stay in the doldrums. We think the sector... 13th August 2025 · 5 mins read
UK Housing Market Update London house prices to outperform the rest of UK Very tight supply, looser lending criteria and our forecast for further falls in mortgage rates provide scope for house prices in the capital to rise by more than elsewhere over the next few years. 13th August 2025 · 3 mins read
Europe Commercial Property Update Italian prime retail benefits from strong tourism Solid tourism flows and a pick-up in consumer spending growth mean we believe both Rome and Milan prime retail rents will continue to outpace the euro-zone average over the next couple of years. 12th August 2025 · 2 mins read
UK Commercial Property Update Strong rent prospects support UK industrial valuations Decent rental growth expectations and a narrowing risk premium imply that industrial is only marginally overvalued, despite an historically narrow gap between industrial yields and alternative asset... 12th August 2025 · 3 mins read
Canada Economics Weekly Weaker data support September rate cut The weaker housing and trade data released this week support our call for a September rate cut, a view which investors are beginning to come round to. 8th August 2025 · 5 mins read
UK Commercial Property Valuation Monitor UK Commercial Property Valuation Monitor (Q3 25) Property valuations were unchanged in Q2, with both property and alternative asset yields steady over the quarter. 7th August 2025 · 1 min read
Europe Commercial Property Update Swedish residential property to outperform Europe again Swedish residential total returns have underperformed the European average over the past three years, but a bright rental outlook in particular means we think returns will slightly outperform Europe... 7th August 2025 · 4 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Jul. 2025) The rise in Halifax house prices in July provides another indication that the housing market is recovering following the end of the stamp duty holiday on 31st March. But the subdued economic backdrop... 7th August 2025 · 3 mins read
US Commercial Property Update A mid-year stock-take on US sector and metro level job growth We expect office-based jobs growth to remain at a standstill through 2026 as the tech sector cuts back and AI fills some of the gap. At the metro level though, our expectations are broadly unchanged... 6th August 2025 · 4 mins read
US Housing Market Rapid Response US Mortgage Applications (Jul 2025) The fall in home purchase mortgage applications in July still leaves them roughly in line with where they started the year, and continuing to point to a rebound in existing home sales. While some... 6th August 2025 · 2 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS UK Construction PMI (Jul. 25) The headline CIPS construction PMI dropped back in July to 44.3, the lowest since May 2020 when COVID lockdowns impacted activity. 6th August 2025 · 1 min read
