Gain valuable commercial property insights with thought capital
Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.
Sightlines
Around-the-corner knowledge and multi-national expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your commercial real estate decisions.
Viewpoints - Fall 2024
Movement - the rhythm of life in the built environment, the ebbs and flows of how we move goods, and how we move ourselves.
Explore our latest Impact Report
Explore our 2023 Impact Report, and read about our performance last year, alongside perspectives from our people on the topics that matter most to us – climate action, diversity, equity and inclusion, and community impact.
Accompanied by stunning portraiture, captured by talented female photographers from Women Photograph, these stories are just some of the ways we’re supporting our clients, our industry and each other to create everyday impact for people and the planet.
The Office Busyness Index
The analytics behind building utilization
Busy places can create vibrant, lively and enriched experiences. Build connectivity and spark energy. And, fuel financial performance.
Market reports
Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.
U.S. Capital Markets Q3 2024 insights
In the third quarter of 2024, commercial real estate debt origination saw a significant increase compared to the first half of the year, bringing the total volume to much higher levels, though still below long-term trends. Investment sales have remained subdued across sectors, but there are signs of growing interest from certain private investors, suggesting some market stabilization. A number of opportunistic funds, are preparing to take advantage of potential market improvements, with expectations of strong returns as conditions shift.
U.S. office market Q4 2024 insights
The overall availability rate for U.S. office space stood at 23.4% at the close of the fourth quarter, marking the second consecutive quarterly decline in availability—a trend not seen since before the pandemic in Q4 2019. In 2024, U.S. office leasing activity totaled 290 million square feet (msf), falling 11.6% below the pre-COVID annual average of 328 msf (2000–2019) and 1.5% below the 294 msf recorded in 2023. Renewal lease sizes increased by 11.7% since 2019, although this growth has been inconsistent year over year, with the bulk of the increase occurring in 2024.
U.S. industrial market Q3 2024 insights
Leasing remained soft through the first three quarters of 2024, down 16.5% from pre-Covid averages, as occupiers delayed decisions amid uncertainty. With the U.S. election now over, an uptick in activity is expected in early 2025 as deferred demand, a stabilizing supply pipeline, and strong pre-leasing suggest positive market momentum. Investor demand remains high but largely paused, awaiting Fed rate cuts, which could lead to heightened competition for industrial assets.
U.S. multifamily market Q3 2024 insights
Top U.S. markets continue to see an uptick in multifamily demand with absorption levels hovering just 30% below 2021 levels, when demand was at an all-time high. Despite the uptick in demand, elevated supply has limited rent growth with effective rents hovering at 2022 levels. As mortgage rates continue to remain elevated, renters are continuing to rent, but the number of occupants per housing unit has declined across every major market, as people seek to live on their own or with a fewer number of roommates.