Rising Returns for German Commercial Property according to the latest IPD Index launch!
06 April 2011 00:00
The IPD German Annual Property Index has just been launched! German commercial property has posted a strong total return for 2010, at 4.2%, the highest since December 2007, a clear improvement on 2009's 2.4%.
The index results comprised of 57 funds with 4281 assets worth €46 billion. Dr Daniel Piazolo, Managing Director of IPD Germany explained ' After two years of negative movements, the recovery in the German property market matches the positive returns posted by other IPD indices. While total return in the UK and the USA has been higher - at 15.2% and 14.2% respectively - the downturn in Germany was much less severe, therefore there was less rebound to follow....'

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