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31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
Netherlands property posts strongest European 2008 returns - IPD
Dutch real estate produced total returns last year of 3.3%, far lower than the 11.3% in 2007, but despite this the strongest in Europe so far, according to the Investment Property Databank. It was closely followed by Denmark at a positive 3.1%, and a small fall in Sweden of 3.3%. The UK slid by no less than 22.1% on the year. The NL drag on returns was falling capital values which reached a depreciation of 1.7%. Income return fell just 10bp to 5.1%.