Research Briefing | Jun 22, 2021

Global | Mid-2021: the evolving outlook for cities around the world

Copy of Ipad Frame (31)

We will publish our latest city forecasts at the end of June, showing that for the world’s major cities, 2020’s GDP declines will be mostly reversed by 2022. There will be a one-off permanent loss of output, but not a change of direction.
Download this report to find out:

  • Many Asia Pacific cities saw recovery well underway in 2020. We have already revised up our estimates for GDP in both 2020 and 2021.
  • Among individual major cities, Paris has tended to move broadly in line with Europe as a whole, whereas London and the UK have followed their own path.
  • But the dramatic revision has been to prospects for US cities, thanks to the election of President Biden.
Back to Resource Hub

Related Services

Industrial property

Post

US: High debt costs suggest an industrial correction

The scale of the increases in debt costs, coupled with the low-yielding environment makes some repricing highly likely for gateway US industrial markets over the coming quarters.

Find Out More
Office building in London

Post

High debt costs suggest European office price correction

Our analysis suggests a 10% correction is needed on average for the major office markets in Europe to compensate for the higher cost of debt, with prime yields required to soften by 10bps-75bps to generate a low-risk interest coverage ratio at a reasonable LTV.

Find Out More