Global property markets extended their recovery through the first half of 2025, building on the positive momentum established in late 2024 according to SAPOA’s Global Property Trends Report H1 2025.

After nearly two years of negative or subdued performance, the MSCI Global Quarterly Property Index delivered a 12-month total return of 4.9% to June 2025. The rebound, although uneven across markets, largely reflected stabilising capital values, firm occupier demand, and strengthening income returns – supported by improving vacancy rates, stronger income growth, and the positive impact of strengthening yields.

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