Bryan Reid

Sales Price

While retail had the lowest premium across the sectors in 2018, it was in line with its 20-year average, as were the office and residential sectors.

Global Annual Property Index

As interest rates have fallen, the discount rates on real estate cash flows have followed, helping to drive up asset values.

U.S. Quarterly Property Index

The highest total return was achieved by the industrial sector at 13.3 percent and the weakest total return was for retail at 2.9 percent.

Global Private Real Estate Total Returns

The MSCI Global Annual Property Index found that commercial real estate achieved a total return of 7.4 percent in 2018.

Capital Growth

(appreciation index: value change throughout latest real estate cycle)