Property News - Retail property on top

Retail was the top-performing property sector once again in the year to September 2003, according to research from CB Richard Ellis. Annual returns improved to 13.9 per cent and, after three months of decline, annualised rental growth rose to 1.9 per cent, while capital growth was 6.4 per cent. Retail warehousing continued to outperform retailing as a whole, with an annual return of 15.9 per cent.