Offices underperform

Offices underperform - 1993 - Estates Gazette (9317) 1 May 1993, 25(1) .

IPD`s new long-term index shows that office property has underperformed retail and industrial property most years since 1970. Over-renting has eased the situation for investors but will affect returns adversely in the medium term.


INDUSTRIAL MARKET
INVESTMENT MARKET
IPD LONG-TERM INDEX
LONDON
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
OVER-RENTING
PERFORMANCE
PROPERTY INDEXES
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
RETURNS