UK Consensus Forecast Winter 2016/17 published
24
Feb
2017
The latest IPF UK Consensus Forecasts report, based on independent forecasts from 25 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.
An improvement in near-term forecasts appears to have resulted from increased investment activity towards the end of last year, although capital market sentiment has weakened again for 2018, leading to a further drop in the average forecast of total returns in that year.
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.