Property returns hit 10-year high
Property returns hit 10-year high
- 2004
- IPD Press Release March 2004 (2) .
The IPD has reported a total return of 1.6% for property in March 2004, which is the strongest month since April 1994. This figure is due to steady capital growth of 1.1%. The return for the first quarter of 2004 is 3.5% compared to 2.0% in the equivalent quarter of 2003, according to the IPD's "UK monthly index". Property is now the top performing asset class, with gilts in second place at 1.4% and equities in third position at 0.6%. IPD press release at http://www.ipdindex.co.uk/results/indices/uk_month ly/index_uk_monthly.asp.
IPD MONTHLY INDEX
PROPERTY RETURNS
ASSET CLASSES
GILTS
EQUITIES
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
OFFICE MARKET
INDUSTRIAL MARKET
CAPITAL GROWTH
TOTAL RETURNS
RENTAL VALUES
PROPERTY PERFORMANCE
The IPD has reported a total return of 1.6% for property in March 2004, which is the strongest month since April 1994. This figure is due to steady capital growth of 1.1%. The return for the first quarter of 2004 is 3.5% compared to 2.0% in the equivalent quarter of 2003, according to the IPD's "UK monthly index". Property is now the top performing asset class, with gilts in second place at 1.4% and equities in third position at 0.6%. IPD press release at http://www.ipdindex.co.uk/results/indices/uk_month ly/index_uk_monthly.asp.
IPD MONTHLY INDEX
PROPERTY RETURNS
ASSET CLASSES
GILTS
EQUITIES
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
OFFICE MARKET
INDUSTRIAL MARKET
CAPITAL GROWTH
TOTAL RETURNS
RENTAL VALUES
PROPERTY PERFORMANCE