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European Property Returns Top 10%

LONDON-European property investment in 13 countries produced returns of 10.4% last year--double that of the previous year, according to Investment Property Databank. The data forms part of new index IPD hopes will boost a pan-European market.

By Anita Howarth | Updated on June 10, 2005

(To read more on the debt and equity markets, click here.)

LONDON-European property investment in 13 produced returns of 10.4% last year, according to a new pan-European index launched by Investment Property Databank. Real estate investment returns were up from 7.4% in 2003 and 7.3% the year before in local currency terms.

IPD is launching a Europe-wide index to meet what it sees as growing demand for clear data on investing in property, which has drawn big inflows in recent years from investors burned by the end of the dot-com boom in stocks.

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