Bull and Bear wrap up their series of discussions with their market predictions for 2021.
Key Highlights
- Seven of the past ten IPF Consensus total return forecasts have been too bearish.
- Rent concessions and vacancies will impact headline income returns.
- The positive yield spread between property and other markets remains compelling.
- London Offices will remain a key target for overseas investors.
- Rental values for retail and offices will come under increasing pressure.
- Industrials and Residential will continue to perform.
- St Bride's Managers' overall total return forecast for 2021 is 3.75%.