Company News: Green Street Launches Next-Gen Retail Intelligence Suite Across UK and Europe
Trudging Along
London, 7th October 2025 – The Green Street Commercial Property Price Index, which measures pricing of a broad swathe of European commercial properties, continued its gradual recovery in the third quarter, settling c.5% above the late-’23 trough. Economic growth prospects remain modest given immigration policy debates and global trade tensions, but the EU-US deal helped ease uncertainty. Across traditional property sectors, industrial and residential continued to capture the majority of transaction volumes despite decelerating market rental growth. Fundamentals are starting to turn a corner in average-quality office and retail, but pricing eased slightly in light of still-limited investor interest. Niche property sector performance was also mixed, as data centre pricing marched c.1% higher quarter on-quarter, self-storage largely unchanged, and hotels c.1% lower.
“Property prices are creeping higher amidst a murky, yet stabilizing macroeconomic backdrop.” said Marie Dormeuil, Senior Analyst at Green Street. “Corporate credit spreads remain very tight and real estate debt markets are wide open, providing firm-footing for investors to deploy equity capital into the private and public markets. Real estate fundraising is – perhaps unsurprisingly – showing signs of recovery against this backdrop. However, investment volumes have only modestly recovered from recent troughs, and publicly traded property companies continue to trade at discounts to underlying asset values. All in all, it appears unlikely that current conditions will be conducive to rapid property price recovery, but only time will tell.”