Capital value analysis and forecast
Following headwinds in 2025, the global market enters 2026 on an uncertain footing
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Following headwinds in 2025, the global market enters 2026 on an uncertain footing
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Stronger economies are supporting property income, but renewed rate pressure is keeping the recovery selective, prime-led and regionally uneven.
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Stability persists amid elevated borrowing costs and economic uncertainty

Rental growth and yields
Stability persists amid elevated borrowing costs and economic uncertainty
Prime office yields stable at 4.9%, underpinned by competitive debt and resilient occupational markets.

Spotlight: European Office Investment – Q2 2026
Prime office yields stable at 4.9%, underpinned by competitive debt and resilient occupational markets.
Prime residential prices remained resilient in the first half of 2025, recording positive price growth of 0.7%
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Prime residential capital value growth and forecasts
Prime residential prices remained resilient in the first half of 2025, recording positive price growth of 0.7%
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"Availability rates compress for the fifth consecutive quarter"
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"Raleigh’s office market shows improving fundamentals across key metrics"
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"San Diego leasing activity continues to decline"
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"Quarterly leasing activity shows occupiers favor Class A product"

"Downtown performance fuels recovery"



"Performance du centre-ville alimente la reprise"
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"Overall vacancy rose to 26.8%, increasing 270 basis points (bps) year over year."
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"Overall vacancy stands at 37.8%, down 170 basis points (bps) quarter over quarter but still up 300 bps year over year"
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"Overall vacancy stands at 27.3%, up 200 basis points (bps) year over year"
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"Overall vacancy declined modestly to 30.0%, down 120 basis points (bps) from 31.2% in Q1 2025."