LONDON—CRE performed well in the UK last month, according to various measures.
The IPD UK Monthly Property Index measures unadjusted total returns to directly held standing property investments from one open market valuation to the next and for April 2014 returned 1.3%.
Of the various sectors, office performed best, returning 1.8%, followed by industrial at 1.5% and retail at 0.9%.
In it’s own analysis of the IPD data, the website Property Funds World noted that from a geographical angle, Central London markets performed best with standard retail in Central London returning 2.4% in April, and offices in Central London 2.0%. This represents something of a reversal compared to recent months, when offices in the rest of the South East tended to be stronger, the site pointed out. According to the IPD, values have risen by nearly 8% over the last 12 months but are still below their 2007 peak levels.
Click Property Funds World to read the full report.