Retail warehouse out-performance a thing of the past
Morley, Stuart
Retail warehouse out-performance a thing of the past - 2008 - Property Forecast 11(6) June 2008, 10-11(2) .
Article looks at the historical performance of retail warehouse rentals and suggests that the trend of impressive growth is due to come to an end. Suggests that a significant fall in retail sales as a result of recession will see a considerable fall in retail rental growth during the period 2008-2011. Quotes the IPD All Property Index showing a yield of -9.7% for retail warehouses and considers that the market may be reaching a bottom shortly. Posits a retail return of around 5% for 2009, with a limited fall in capital values and minimal rent growth.
United Kingdom--
Retail warehouse out-performance a thing of the past - 2008 - Property Forecast 11(6) June 2008, 10-11(2) .
Article looks at the historical performance of retail warehouse rentals and suggests that the trend of impressive growth is due to come to an end. Suggests that a significant fall in retail sales as a result of recession will see a considerable fall in retail rental growth during the period 2008-2011. Quotes the IPD All Property Index showing a yield of -9.7% for retail warehouses and considers that the market may be reaching a bottom shortly. Posits a retail return of around 5% for 2009, with a limited fall in capital values and minimal rent growth.
United Kingdom--