Capital gain of 10% this year still on the cards

Commercial property’s strong start to 2010 has already left the latest IPF Consensus forecast looking a little conservative. We remain comfortable with our forecast for a 10% rise in IPD capital values in 2010 as a whole. Unlike the experience of 1993/94 when the mini-boom of that period gave way to renewed capital value falls, we also continue to expect these gains to be sustained in 2011.

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