IPD yields single comparison for cross-border investors

IPD yields single comparison for cross-border investors - 2005 - EuroProperty December 2005-January 2006, Office Performance, 13(1) .

Reports on the Investment Property Databank's (IPD) production of a standardised set of net and gross yield measures for 12 European countries for 2004. Shows a number of differences in net yield patterns between sectors and countries: Figures for office yields and operating costs reveals that retail showed the largest range in yields across different countries, whereas yields appear to be most uniform in the residential sector. Finds that in the UK, Ireland, Nordic countries & the Netherlands, retail property was priced on a lower net income yield than offices, whereas France and Germany had net income yields in the two sectors that were virtually identical. Southern European offices were priced on significantly lower yields than retail assets. Includes a sample of the 2004 figures for office yields.