In the next five years, commercial real estate is likely to perform strongly, according to an optimistic series of reports published by Deutsche Asset & Wealth Management.

The United States’ commercial real estate market continues to improve in all areas, according to Deutsche AWM’s U.S. Real Estate Strategic Outlook. With economic growth improving, real estate returns are set to outperform most other asset classes.

The strongest property sectors in the next five years are expected to be industrial and office, which are set to benefit from strong income growth. Though the retail sector will continue to have steady growth in net operating income, the gains will be lower than those of office and industrial. The apartment sector will be a solid performer, but it is expected to weaken in the near term as more new supply comes online and slows rent growth.

The industrial market has seen consistent leasing demand since 2012 — indicating a growth cyc