IPF rental growth forecast turns negative for first time since 2012

For the first time since November 2012, the rental growth forecast in the IPF Consensus Forecasts has turned negative because of the weak outlook for retail property.

The rental growth forecast for 2019 fell by over 20bps over the past quarter to just below zero. Weaker forecasts for retail rents were to blame, falling by over 115bps over the quarter on average.

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