Commercial Property Pulse: The Sun Belt is overbuilt, overheated and unevenly recovering
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Marcus & Millichap completed the sale of a brand-new, 916-unit Public Storage property in Chicago, Illinois. “Above-average development complexity has constrained new self-storage supply, contributing to Chicago’s status as one of the industry’s strongest self-storage rental rate markets,” said Jeffrey Herrmann, senior director of investments. “Those market fundamentals continue to attract investors seeking high-quality assets…
“My gut feel is you probably get one hike here to calm the markets a little bit,” he said. “If you look at it right now with the Fed doing nothing, you’re just seeing rates drifting higher. One hike. Say, ‘Yeah, we’re paying attention to inflation, get that under control.’ Once that gets under control,…
Campari H1 2026 slides: aperitif growth drives margin expansion
Traders and investors are all gearing up for the US CPI report to come later in the day. And that is seeing a bit of a breather in broader markets, following the risk selloff from yesterday. That owes much to US-Iran developments, as tensions flare up again in the Middle East. But even so, the…
Nottingham Building Society’s interim results for the six months ending 30 June 2026 reveal £336.8m in gross new lending (down from £535.1m for the same period in 2025) and £4.2bn in total mortgage assets (down from £4.4bn for H1 in 2025) . The building society also reported £6.2m profit before tax (2025: profit before tax…