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Property returns hit 10-year high

Series: IPD Press Release ; March 2004 (2)Publication details: 2004Subject(s): Summary: 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.
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News article London News article WB4015-05 (Browse shelf(Opens below)) 1 Available 125890-1001

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.