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IPD: UK property returns 8.1pct in 2011

Posted on 17 January 2012

Capital values fell for the second consecutive month in December, by -0.1%, making growth just negative overall for the last quarter of 2011. Total return, which stood at 0.5% for all property in December, was down in all three market sectors.
Phil Tily, Managing Director of the UK of the UK and Ireland, explained “While growth for the year remained positive, the outlook for 2012 is less than ideal. During the last three months of the year, as the euro situation worsened and the threat of recession increased, returns tailed off considerably………………………………………..Full Article: Source


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