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Commercial Property Outlook 2026

  • 1

    Retail led performance in 2025: Retail delivered the strongest returns of any property sector, outperforming the wider market average.

  • 2

    Hotels showed late-year momentum: Despite lower annual volumes, Q4 activity surged and London remained a standout market.

  • 3

    Prime assets favoured in 2026: Prime offices and industrial properties are expected to see modest growth, while secondary assets face pressure.

  • 4

    Data centres remain a growth area: AI-driven demand is increasing competition for data centre space, supporting rental growth expectations.

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