Goldman Sachs
June 11, 2026
Europe Media and Internet Daily
Daily UpdateMacro Economic IndicatorsEquitiesCommunication ServicesReal Estate
This report highlights the ongoing challenges in the UK housing market via the May 2026 RICS survey, reports a major media account win for WPP, and identifies rent inflation in the Swiss market.
Key Takeaways
- 1.The May 2026 RICS Residential Market Survey for the UK indicates a continued challenging macroeconomic backdrop for the housing market, though downward momentum shows signs of stabilizing.
- 2.WPP Media's Essencemediacom has secured the Just Eat media account, with an estimated global media spend of $191.8mn in 2026.
- 3.The Homegate Rent Index for Switzerland rose 2.5% year-over-year, reflecting sustained pricing pressure across the Swiss rental market.
Table of Contents
- Today's highlights
- Upcoming Fieldtrips and Conferences
- European Communacopia Conference
- 15th German Corporate Conference
- Disclosure Appendix
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Authors
Adam BerlinJames TatePulkit Gubgotra
Securities
WPP.LJust Eat
Themes
Housing Market DynamicsMedia Agency Competition
Regions
EuropeUnited KingdomSwitzerland