29.04.2011 - Irish returns avoid negative territory, just, in Q1 2011

Irish commercial property total return has avoided negative territory for the first time since Q1 2010, posting 0.0% in the first quarter of 2011, according to the SCSI/IPD Ireland Quarterly Property Index. The neutral return can be traced to a slowdown in capital depreciation. While capital movement in Q1 remained negative, at -2.3%, this was an improvement on the -3.3% posted in the last quarter of 2010..............................................Full Article: Source

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