UK Consensus Forecast Spring 2017 published
26
May
2017
The latest IPF UK Consensus Forecasts report, based on independent forecasts from 24 leading property consultants and fund management houses, was published earlier today. The report summarises forecasts of rental and capital value growth and total returns for All Property and individual sectors and sub-sectors (including central London offices) covering the five-year period from 2017 to 2021.
A continued improvement in 2017 forecasts has helped increase the All Property total return to 4.8%, but weakened sentiment in the capital markets in 2018 have led to a further drop in the average forecast return next year (to 4.1%).
The IPF Research Programme 2015-2018 is funded by a cross-section of businesses, representing key market participants. The IPF gratefully acknowledges the support of these contributing organisations:
Aberdeen Asset Management, Addleshaw Goddard, Aviva Investors, AXA IM – Real Assets, Barings, CBRE Global Investors, CoStar Group, Deutsche Asset Management, Europa Capital, GIC, Grosvenor, JLL, Kames Capital, LaSalle Investment Management, Legal & General Investment Management, M&G Real Estate, MSCI, Picton, Standard Life Investments, Strutt & Parker, TH Real Estate and Wells Fargo.
The report can be downloaded from the IPF Resource Library.