11.02.2013 - Dutch commercial property values still falling - IPD/ROZ
Capital values in Dutch commercial property are still falling, according to the quarterly property index produced by UK performance group IPD and Dutch brokerage association ROZ. Their joint overall index returned -0.1% in fourth quarter against 3Q12 - the first negative quarter since 4Q09 - with capital values down in the last 2012 quarter by 1.3%. Annual property returns in the IPD/ROZ Netherlands Property Index underperformed all other asset classes in 4Q12. The best performance came in equities, up 6.8% (MSCI NL), but property equities (MSCI NL/Real Estate) and bonds (JP Morgan GBI Global, NL 7-10 years) also provided higher returns than direct real estate at 3.7% and 2.9 % respectively...............................................Full Article: Source
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