UK commercial property returns 2.2% for 2019. Industrials narrowly beat offices to be best performing sector of the year.
- At all property level, capital values decreased -0.4% in December while rental values decreased -0.1%.
- Capital values for the Industrial and Office sectors increased 2.5% and 2.1% respectively in 2019.
- Retail capital values fell -1.6% in December. Total returns were -6.2% for the year.