The days of big returns from commercial property are over, according to the latest Property Council figures.
Total returns have fallen in the year to September and for the first time in 14 years they have also declined on a quarter-by-quarter basis.
Colliers International director Alan McMahon says growth in property values and rental returns have stopped.
He says retail is generally the weakest sector, although supermarket revenue is still going up because people still spend lots of money there.
McMahon says the industrial is doing quite well with income but has been the worst performer in terms of capital growth. He says capital growth and rental growth have all but stopped. He says rental growth is still positive, but it's much slower than in the past.
