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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"Overall vacancy increased to 28.0%, up 1,120 basis points year over year, driven primarily by a rise in available direct space."
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"Overall vacancy stands at 6.7%, up 240 basis points (bps) year over year from 4.3%."
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"Overall vacancy decreased to 20.9% from 23.6% in Q1 2025."
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"Overall vacancy increased 440 basis points (bps) to 28.8% from Q1 2025’s 24.4%."
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"Overall vacancy increased 140 basis points (bps) from Q1 2025 to 28.8%"
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"Overall vacancy stands at 17.9%, up 250 basis points (bps) year over year."
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"Overall vacancy has remained relatively stable year over year, declining 10 basis points (bps) from 15.2% in Q1 2025."
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"Atlanta industrial market fundamentals continue to stabilize to start 2026"
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"Vacancy rises as market works through recent supply wave"
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"Chicago market tightens modestly as supply remains in check"