Total returns on the Investment Property Databank (IPD) monthly index for direct investments in UK commercial property were negative in January but showed an improvement on the previous month. Total returns in January 2008 were -1.6%, an improvement on the December 2007 total return of -3.7% and giving a 12-month total return of -7.6%. IPD said capital growth had also 'improved' from -4.2% in December 2007 to -2.0% in January while income return edged up to 0.5%.
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