The industrial real estate sector is forecasted to see the highest annualized rental growth in the UK between 2024 and 2028, followed by West End offices. According to the forecast, industrial real estate rents are expected to grow by 3.2 percent per year in this period, while West End office space rents are expected to increase by 2.7 percent. When it comes to total commercial real estate returns in the UK, the industrial and retail warehousing sectors are forecast to outperform all other property types.
Commercial real estate rental growth forecast in the United Kingdom (UK) from 2024 to 2028, by property type
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Annualized rental value growth
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Data based on a survey among 19 organizations conducted between March and mid-May 2024 (including property advisors, research consultancies, and fund managers).
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IPF. (May 28, 2024). Commercial real estate rental growth forecast in the United Kingdom (UK) from 2024 to 2028, by property type [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1025118/rental-value-growth-of-commercial-real-estae-in-the-uk/
IPF. "Commercial real estate rental growth forecast in the United Kingdom (UK) from 2024 to 2028, by property type." Chart. May 28, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1025118/rental-value-growth-of-commercial-real-estae-in-the-uk/
IPF. (2024). Commercial real estate rental growth forecast in the United Kingdom (UK) from 2024 to 2028, by property type. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1025118/rental-value-growth-of-commercial-real-estae-in-the-uk/
IPF. "Commercial Real Estate Rental Growth Forecast in The United Kingdom (Uk) from 2024 to 2028, by Property Type." Statista, Statista Inc., 28 May 2024, https://www.statista.com/statistics/1025118/rental-value-growth-of-commercial-real-estae-in-the-uk/
IPF, Commercial real estate rental growth forecast in the United Kingdom (UK) from 2024 to 2028, by property type Statista, https://www.statista.com/statistics/1025118/rental-value-growth-of-commercial-real-estae-in-the-uk/ (last visited September 01, 2024)
Commercial real estate rental growth forecast in the United Kingdom (UK) from 2024 to 2028, by property type [Graph], IPF, May 28, 2024. [Online]. Available: https://www.statista.com/statistics/1025118/rental-value-growth-of-commercial-real-estae-in-the-uk/