Category THOUGHT LEADERSHIP

A Lot Going On Beneath the Surface

The Green Street Commercial Property Price Index was flat in the first quarter of the year although the overall average obscures diverging fortunes between sectors. The index, which measures pricing of a broad swathe of Pan-European commercial properties, sits c.24%…

Property Prices Hold Steady

Newport Beach, CA, March 6, 2024 — The Green Street Commercial Property Price Index® was unchanged in February. The all-property index—a measure of pricing for institutional-quality commercial real estate—is down 7% over the past year and 21% since its March…

Property Prices Increase Modestly in January

Newport Beach, CA, February 6, 2024 — The Green Street Commercial Property Price Index® increased 0.3% in January. The all-property index—a measure of pricing for institutional-quality commercial real estate—is 21% below its March ’22 peak. “For most property types, pricing…

Commercial Property Price Index: December, 2023

Property Prices Fall 10% in ’23, ’24 Looking Better Newport Beach, CA, January 5, 2024 — The Green Street Commercial Property Price Index® was unchanged in December, ending the year down 10%. The all-property index—a measure of pricing for institutional-quality…

Looking for the Bottom

The Green Street Commercial Property Price Index moved into positive territory (+1%) in December for the first time last year, down 11% for the whole of ’23. The index, which measures pricing of a broad swathe of Pan-European commercial properties,…

Annual Commercial Real Estate Year in Review

It’s been an eventful year for CRE players. Downward pressure on prices among many other micro factors all sit against an economic backdrop filled with uncertainty. To help you navigate this evolving market environment and capitalise on opportunities, please enjoy…

Office Sector: Survive Until 2025

Green Street recently hosted a webinar with Scott Rechler, CEO and Chairman of RXR Realty (a large private investor/operator), as part of its Industry Leaders series. Mr. Rechler is a highly respected executive and provides thoughtful commentary on several important…

This Downturn Is the Real Deal

From September 2007 to March 2009, which marked the peak-to-trough property pricing movement during the Global Financial Crisis (‘GFC’), Green Street’s Commercial Property Price Index (CPPI) fell by a cumulative 18% in Europe. During the same period, cumulative inflation totalled…

Macro: Credit Tightening

The steep rise in interest rates during 2022 resulted in unprecedented levels of volatility in the unsecured bond and CMBS markets, resulting in reduced capital availability in those segments which pushed commercial real estate borrowers towards bank term loans. Even…