The current commercial property occupier market downturn could run for another 12-18 months, and we think that, depending on the sector, rising voids over that period may take up to 5% off a typical landlord’s rental income stream. Clearly, that would be a significant blow. But by far the bigger problem is simply that new lettings are going to have to be done at lower market rents.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services