UK Commercial Property Update

RE:UK Consensus Forecasts (Sep. 26)

The September RE:UK consensus forecasts showed further downgrades to property returns in 2026, as higher gilt yields from the Iran war put upward pressure on property yields. Revisions to other years...

10th September 2026 · 3 mins read

UK Housing Market Update

Housing weakness not over yet

Although the housing market wasn’t quite as weak in August as in recent months, the risk is that a further rebound in mortgage rates and/or speculation of tax rises ahead of the Budget dampens demand...

10th September 2026 · 3 mins read

Global Commercial Property Focus

Which global self-storage markets are ready for blast off?

The Nordics and Switzerland stand out amongst a set of 19 global self-storage markets for their potential growth over the next 5-10 years. These markets will see a reasonably high rate of home-moving...

9th September 2026 · 12 mins read

US Commercial Property Update

Q3 26 PREA consensus for 2027 shows little sector variance

There was another cut to the PREA consensus forecast for 2026, led again by residential. But the all-property forecast for 2027 saw no change and there is very little differentiation between five of...

8th September 2026 · 3 mins read

Australia & New Zealand Economics Update

NZ Labour’s tax plan risks delaying housing rebound

Opinion polls suggest that New Zealand’s Labour party has a path back to power in November’s general election. Labour’s plan to introduce a capital gains tax on residential investment property risks...

8th September 2026 · 4 mins read

UK Housing Market Rapid Response

UK Lloyd’s House Prices (Aug. 2026)

The surprise 0.2% m/m drop in house prices in August on the Lloyds measure (consensus and CE +0.1% m/m) raises the risk that prices rise more slowly in response to high mortgage rates and uncertainty...

7th September 2026 · 2 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (August 26)

The headline construction PMI nudged slightly lower in August following its strong bounce in July. At 44.3 it remains deep in contractionary territory, where it has languished since December 2024.

4th September 2026 · 1 min read

US Commercial Property Apartment Metros Outlook

San Jose edges Houston for top spot in our rankings

Apartment markets have started to fare slightly better this year as inventory growth has eased, and we expect this trend to continue. We expect absorption to outpace new supply by a wide margin in...

2nd September 2026 · 6 mins read

Europe Commercial Property Update

Dublin retail poised for a 15% capital value uplift by end-2028

Weakness in retail spending is likely to hold back the recovery in Dublin prime high street rents in the near term, but conditions appear ripe for a revival. Given the comparatively high level of...

1st September 2026 · 3 mins read

UK Commercial Property Rapid Response

Lending to UK commercial property (July 26)

After June posted the weakest rate of net lending since March 2024, July saw a return to the pace of net lending witnessed in the first five months of the year, reaching £1.53bn. The second half the...

1st September 2026 · 2 mins read

UK Economics Rapid Response

UK Money & Lending (Jul. 2026)

July’s money and lending figures show that the near-term outlook for the housing market is weak, households may have funded some of their spending in July by lowering their saving rate and borrowing...

1st September 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Aug. 2026)

The small rise in the Nationwide measure of house prices in August underlines the continued drag on buyers’ appetite from the previous rise in mortgage rates. Uncertainty over possible tax rises in...

1st September 2026 · 2 mins read

China Economics Update

Presales overhaul won’t revive the housing market

The recent overhaul of China’s housing presales system belatedly addresses some of the vulnerabilities that contributed to the country’s property downturn. But the changes only apply to new projects...

1st September 2026 · 5 mins read

Australia & New Zealand Economics Update

Housing-market outlook hinges on the RBA

Australian house prices continued to fall at a rapid pace in August. While we expect the pace of monthly declines to ease more noticeably in the months ahead, risks to this view have increased. If the...

1st September 2026 · 3 mins read

China Chart Pack

China Chart Pack (Aug. 2026)

Our China Activity Proxy suggests that growth slowed sharply in July, reflecting disruptions to construction and industry from typhoons as well as the ongoing drag from weak fiscal spending. But...

28th August 2026 · 1 min read