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%

"The outlook remains positive, but growth will increasingly be filtered by power, planning and execution."
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"How structural megatrends are reshaping the location strategy model "

"European office markets remained resilient in Q1 2026, with take-up broadly in line with recent trends and vacancy stable at 9.4%, while a sharp decline in future completions points to tightening supply and rental growth."
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"Asia Pacific has regained momentum, supported by firmer investment activity, renewed cross-border interest and improving liquidity in several major markets. "
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"Europe continues to display selective liquidity and an uneven recovery. "
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"The US real estate investment market made a strong start to 2026, with turnover rebounding sharply across most sectors and markets. "

"What does AI mean for the future of the physical store?"
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"European office yields stable in Q1 2026."