IPF CONSENSUS FORECASTS Rental growth


0% 1% 2% 3% 4% 5% 6%


Capital value growth


Total return


“The IPF consensus shows that returns from 2018 to 2022 will remain stable in the mid-single digits at an annualised 4.8% rate.”


2018 Source: IPF


2019


2020


2021


2022


Colliers International forecasts are roughly in line with the industry consensus, but show greater detail with 'All property' equivalent yields drifting out by 10-20bps before moving back in by a similar amount.


Walter Boettcher | Director | Chief Economist ALL PROPERTY EQUIVALENT YIELD AND 10 YEAR GILT RATE AP equivalent yield


0% 1% 2% 3% 4% 5% 6%


2018 2019 Source: Colliers International, Oxford Economics When will the tide turn on commercial property? MIPIM 2018 | Colliers International 13 2020 2021 2022 Ten-year gilt yield


“All property yields are forecast to drift out, before moving in again despite an outward movement in bond yields.”


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