Above-trend economic outlook for this year and next set to drive rents up, according to swip
The above-trend UK economic outlook for this year and next will have a positive effect on rents, although Scottish Widows Investment Partnership (Swip) warns there is always a lag between the real economy and the occupier markets. Despite this, there remains considerable momentum for rental growth in the retail sector, which Swip believes will continue in the short term. Weightings in the group's model portfolio are set against the Investment Property Databank (IPD) index, which breaks down to 53.7% in retail properties, 30.1% in offices and 16.3% in industrials. Swip's long-term posit...
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