Skip to main content

Competition for industrial assets bids down yields

With the faster pace of vaccination paving the way for a rebound in economic activity, the prospects for occupier markets have improved. However, structural changes mean that the recovery in the office and retail sectors will be gradual. In contrast, we expect the industrial sector to benefit from higher demand as the economic recovery gets underway and healthy online spending. These divergent sectoral prospects were clear in investors’ pricing decisions in Q1, when they continued to bid down prime industrial yields, while office and retail yields held broadly steady.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access