Previous periods of industrial outperformance have all marked the end of commercial property upturns. But there is no direct causality in this observed correlation. In any event, industrial occupier fundamentals look pretty good. Therefore, the current period of industrial outperformance makes sense and should not be seen as a sign of growing property sector risks.
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