Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Property is continuing to outperform other investment media, according to the latest Jones Lang LaSalle Property Performance Index. At the end of the first quarter of 2002, property was showing an annual return of 7.8%, compared with -3.2% for the FTSE All Share Index, -1.4% for 15-year Gilts and 3.3% for Index Linked Gilts.

Sue Foxley, Head of UK Research at Jones Lang LaSalle said: ‘With returns of 2.4% in Q1 2002, and 7.8% on an annual basis, property remains the leading performer through one to five years. This high quarterly return is largely attributable to a significant increase in net income of 1.6% over the quarter.’

And after a year of falling capital values, property returned to positive capital growth in the first quarter of 2002. But rental growth remained subdued: values increased by 0.3% in Q1 2002, in line with the previous quarter, although below the quarterly average of 0.8% in 2001.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.