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Nordic fund posts 5.4pct return in 2011

Posted on 05 March 2012

The IPD Nordic Property Fund Index showed a return of 5.4% to Nordic real estate funds over 2011, well down on the 10.6% delivered in 2010, but much better than the five-year average, which was marginally negative at -0.2% per year.
Following the low point of direct property markets across Northern Europe late in 2009, a similar pattern of returns has also been seen in the UK unlisted market - as shown by the AREF/IPD UK Pooled Property Fund Index………………………………………..Full Article: Source


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