Commercial Property Price Index®
Pan-European Commercial Property Price Index
Property Prices Down 5% YTD
Newport Beach, CA, August 4, 2022 — The Green Street Commercial Property Price Index® was unchanged in July after declining in May and June. The all-property index has decreased by 4.7% this year.
“Prices of commercial property are down about 5% this year as higher funding costs have changed the math for buyers,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “The good news is that the interest rate environment has improved lately and the necessary adjustment to property pricing that’s occurred over the past several months may have run its course.”
Learn more about the changes to our Commercial Property Price Index®
Green Street Commercial Property Price Index®
Green Street Commercial Property Price Index
Indexed to 100 in August 2007
Indexed to 100 in September 2007
Download CPPI® Report Download CPPI® DataAll Property CPPI® weights: retail (20%), office (17.5%), apartment (15%), health care (15%), industrial (10%), lodging (7.5%), net lease (5%), self-storage (5%), manufactured home park (2.5%), and student housing (2.5%). Retail is mall (50%) and strip retail (50%).
Core Sector CPPI® weights: apartment (25%), industrial (25%), office (25%), and retail (25%).
Change in Commercial Property Values
Amount property values have increased over this period
August 4, 2022