After years in the doldrums, shopping centres are set to provide the best returns in UK real estate over the next four years, according to a new forecast.
Shopping centres are expected to provide an average annual return of 8.7% between now and 2029, the Investment Property Forum’s quarterly consensus forecast said. The forecast is based on a quarterly poll of investors’ expectations for rental and capital growth in various UK property sectors.
Shopping centres lead the way now, the IPF said, with returns coming in at 9.5% for 2025. From 2026, the sector will be overtaken by retail warehousing, but on average, the…