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Industrials Outperform All Property Says IRE

LONDON-The industrial sector is the best-performing element of the UK property market, according to Insignia Richard Ellis, and with the exception of the south east of England, where the market is oversupplied, the industrial market looks set to remain healthy.

By Graham Parker | Updated on April 24, 2002

LONDON-Industrials are continuing to outperform other property sectors according to the latest bulletin from Insignia Richard Ellis. It was the only sector to show any capital growth at all in the second half of 2001, and this performance has continued into 2002 with industrials showing a total annual return of 9.1% in the year to February 2002, against just 6.4% for all property. And industrial rental values grew 1.4% in the same period.

But overall performance for the sector has been dragged down by the South East which has hit badly by the collapse in confidence among technology companies early in 2001.

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