CBRE
Councils are currently discussing challenging market conditions for housing projects and reviewing pension fund property investments with input from CBRE.
Barnet Council's Finance and Growth Overview and Scrutiny Sub-Committee heard in September 2026 from John Percy of CBRE about challenging market conditions affecting housing development. He reported that inflation, rising interest rates, and reduced buyer demand are making some schemes unviable, with London experiencing the largest annual fall in house prices.
Kensington and Chelsea Council's Pension Board reviewed its direct property investments in November 2025, receiving a CBRE Direct Property Update. The council's Investment Committee also discussed updates on direct property investments and quarterly performance in July 2026, with CBRE providing reports as an investment manager.
CBRE is a commercial real estate services and investment company that acts as an investment manager for council pension funds, providing reports on economic views, investment strategy, and holdings. It also presents on market conditions, as seen in Barnet.
Key facts
- John Percy from CBRE presented an overview of the London residential market to Barnet Council in September 2026. Source
- CBRE reported that London has seen the largest annual fall in house prices. Source
- CBRE noted that buyer demand in the London residential market remains deeply negative. Source
- Kensington and Chelsea Council's Pension Board received a CBRE Direct Property Update in November 2025. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on, with background from Wikipedia. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.