All-property values have stabilised in the UK but we expect further falls elsewhere, especially in the US. Combined with a weaker office outlook, the US is set to underperform over the next couple of years.
By sector, industrial and residential top the returns rankings. Retail is also set to be a relatively strong performer in the UK and the US. Offices will lag, though prime space will do comparatively well.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.