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UK Property Outperforms All Other Asset Classes

LONDON-The property sector is surging away from other investment sectors according to research published today by La Salle Investment Management.

By Steve Killick | Updated on May 24, 2001

LONDON-The property sector is surging away from other investment sectors according to research published today by La Salle Investment Management. The company’s UK Property Index figures show that property, and offices in particular, showed a return of 2.1% in the first quarter of the year, totaling 10.6% in the 12 months to March. In comparison, the FTSE All Share Index shows a return of -10.8% on investment, of which -8.4% was in the first quarter of the year.

Gerald Blundell, Head of Investment Strategy at LaSalle, said: ‘Property, and especially offices, will deliver a stream of income that is well secured and is less at risk in the corporate balance sheet as we stand on the brink of an economic downturn than either debt repayment or dividends.’

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