17 Oct 2025
The MSCI/AREF UK Quarterly Property Fund Index recorded a total return of 1.2% in Q3 2025, easing slightly from the 1.4% seen in Q1 and Q2. This brings the rolling 12-month return to 6.8%. Performance was broadly stable across most segments, with the UK Balanced Open-Ended Property Fund Index also delivering 1.2%, and long income funds closely behind at 1.0%.
 
While some softening in capital values was observed, income returns continue to underpin performance, and industrial and residential assets remain relatively resilient. Distribution yields were unchanged at 2.6%. Overall, Q3 data signals a market holding steady, albeit cautiously, as investors continue to adapt to the macro environment.

 

View and download the results on the MSCI website here