German property returns continue to improve: IPD

IPD said on Wednesday that its German Annual Property Index showed an All property total return of 4.5% for 2007, a 3.2% jump on last year's 1.3% return. Property outperformed Bonds in 2007, which returned 2.5%, but underperformed Equities which returned 22.3%. In 2007 the income return on All Property edged up only slightly from last year's 4.6% to 4.7%, while capital growth rose to -0.2% compared to -3.1% in the previous year. Over three years the total return on All Property now stands at 2.1%.

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