18 November 2021

Real estate: autumn outlook

For the real estate sector as a whole, we expect double-digit total returns for 2021. While led by the industrial sector, we believe that the previously lagging retail sector will show some signs of recovery.

Real estate: autumn outlook

The key change compared to our spring outlook is that, beyond 2021, we see more compelling performance from sectors other than industrial. We would emphasise that there remain powerful drivers supporting industrial occupational markets, with outperformance possible from specific segments and strategies, but we feel many of these positive attributes have now been priced into valuations.

Please click here for the full report:  Real estate autumn outlook