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IPD: Global returns driven by the US recovery

Posted on 25 April 2012

Peter HobbsGlobal commercial property, as measured in local currency, delivered a 9.8% total return in 2011, according to the IPD Global Annual Index. Peter Hobbs, Senior Director of Group Business Development at IPD, who presented the results said, “Of particular interest is the divergence between the two largest markets, the US and Japan.
In the US, continued yield compression delivered strong (14.5%) double digit returns for the second consecutive year, whilst in Japan returns remained flat (at 3.5%), due to further value declines and the low income yields.”……………………………………….Full Article: Source


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