| 26.02.2009 - Swedish real estate returns fall to new low, SFI / IPD index shows |
| From Europe-re.com: IPD today published the SFI / IPD Swedish Annual Property Index for 2008. According to the index, total returns for the year fell to -3.3%, a substantial fall from the 14.7% return achieved in 2007. Swedish property outperformed equities but lagged behind bonds, which returned -39.5% and 15.7% respectively. The main driver of these poor returns was a significant rise in yields of 13.3% or 69 basis points over the 12-month period..... Full Article: Source |