Resi best in class in 2009
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16.04.10
Residential investment property outperformed all asset classes in 2009 with total returns of 11%
Investment Property Databank’s 2009 residential index, published this week, shows the sector’s performance comprised 8.1% capital growth and 2.7% income return. The results compare with just 3.5% total returns for commercial property last year. Now in its ninth year, the index reveals that the recovery in values in central London last year underpinned the returns of institutionally owned residential assets, offsetting big regional variations in performance.
Source: Property Week (www.propertyweek.co.uk) |
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Andrew Goodbody The APB President gives his regular overview of current issues affecting our members together with a round up of feedback from members. |
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Margot Waddup Margot keeps us up to date on the APB’s events diary |
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Guest Blog Robert Gray, Partner, UK Valuations, at Knight Frank, discusses the London office market. |
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