REGULAR REPORTS & SURVEYS
Some of the most significant outputs from the Research Programme are the Consensus Forecasts. These unique reports are widely used and referenced in the industry.
REGULAR REPORTS
UK Consensus Forecasts
Winter 2025 Publication
Friday 7 March pm
Spring 2025 Publication
Wednesday 28 May pm
Summer 2025 Publication
Wednesday 29 August pm
Autumn 2025 Publication
Wednesday 26 November pm
European Prime Office Rents Consensus Forecasts
May 2025 Publication
Wednesday 14 May pm
November 2025 Publication
Wednesday 12 November pm
UK Consensus Forecasts (quarterly)
This long-running survey was established in 1999, originally providing forecasts of All Property annual rental and capital value growth and total returns for the current and following two years. Some of the names of the initial 21 contributors have been consigned to history:
Argyll Property Asset Managers, Baring, Houston & Saunders, Cluttons Daniel Smith, Colliers Erdman Lewis, DTZ Debenham Thorpe, Henderson Investors, Norwich Union Investment Management, Prudential Portfolio Managers, Richard Ellis, St Quintin and Standard Life Investments to name but a few.
The current survey invites forecasts at the All Property and individual sector level for up to seven sub-markets, comprising Office, Industrial, Standard Retail, Shopping Centres, Retail Warehouses plus the two Central London office markets of the West End & City. Annual rental and capital value growth and total return projections collected for periods up to five years, together with five-year annualised averages for each sector.
Data is aggregated and all contributor averages reported, as well as attributed by contributor type where five or more forecasts have been received. On average, Property Advisors/Consultants tend to be more optimistic than Fund/Investment Managers/Principals.
To qualify for inclusion, all forecast must be generated within 12 weeks of the survey date, falling in mid-February, May, August and November each year.
View all UK Consensus Forecast surveys here.
European Prime Office Rents Consensus Forecasts (half-yearly)
Dating back to 2006, this twice-yearly survey collates prime office rental values and annual growth rate forecasts over three years for up to 30 locations across Europe – from Dublin to Moscow and many points in between. Two cities warrant sub-market data collection – Paris (CBD and La Défense) and London (City and West End) – whilst the frequency of reportage of rents in Moscow and Athens can be sporadic, due to the requirement for a minimum of five sets of forecasts in order that data may be aggregated and analysed.
Adopting preceding end-year actual prime rents, weighted average growth rate forecasts are imputed for the three following years, together with a three yearly average. Values are reported in euros or local currency, as appropriate.
Data is collected over a period of three weeks, with results published in mid May and November each year. To qualify for inclusion, forecasts must be generated within a six-month period preceding the survey date (ordinarily some two and a half weeks prior to the publication date).
View all European Consensus Forecast surveys here.
The Size and Structure of the UK Commercial Property Market Year-end Updates (annual)
Following a major review in 2013 of the original research (conducted in 2005), updated statistics are presented on an annual basis, covering the size of the UK property market by reference to capital value, floor space, rental value, rental income and yield statistics. Results are presented by sector, geography and type of investor, whilst further segmentation provides greater detail of such aspects as investment by overseas entities, as well as a consideration of non-traditional property types, including residential, hotels and healthcare. Changes in the market structure and investor holdings (UK and overseas) are analysed over time.
View all Size and Structure Updates here.
UK Residential Investor Sentiment Survey
As a result of the increased prominence of residential investment within real estate portfolios, the IPF launched the first IPF UK Residential Investor Sentiment Survey in October 2024. Due to the lack of formal residential forecasting in the market, a sentiment-based approach was adopted to broaden the list of potential contributors to include those investing in the sector but who do not have their own in-house forecasts.
The first survey to be available to the wider industry will be published in late April. It aims to provide an indication of rental growth, capital value growth and investment intentions over the next 12 months for both multi-family and single-family housing.
As the sector continues to mature, it is anticipated that these sentiment indicators will eventually become actual forecasts and be incorporated into the UK Consensus Forecasts survey.
Should you or your organisation be interested in contributing to the survey, please email Chief Executive, Sue Forster at [email protected].