Despite a positive end to the year 2020 posts a -7.6% decline in capital values and total returns of -2.2%.

  • At the all property level, capital values increased 0.3% in December. Rental values were unchanged at 0.0% over the month while total returns were 0.8%.
  • In December, the Industrial sector reported record high capital growth of 2.7%. Industrial rental values rose 0.9%.
  • The Office secor posted capital growth of 0.1% in December while the Retail sector reported a -1.0% decrease in capital values.