ULI Real Estate Economic Forecast Sees REIT Returns Down 18% in 2020 But Rallying in 2021 and 2022

The Urban Land Institute’s latest Real Estate Economic Forecast points to REIT returns averaging minus 18% in 2020 but rallying in both 2021 and 2022 with returns of 10%.

The conclusions are based on a May 2020 survey of 39 economists and analysts at 35 leading real estate organizations, including Nareit Senior Economist Calvin Schnure.