UK - Residential property returns continued to rise last year, new figures from Investment Property Databank show.
Residential property returned 17.7% last year compared to 17.1% in 2001 and outperformed UK equities and bonds “by a very wide margin” for the third successive year.
The area with the lowest performance was central London at 12.3% down from 15.4% the previous year.
The largest regional difference came from the rest of southern England which showed returns of 25.2% compared to 21.1% in 2001.
IPD director Kevin Swaddle said: “These results are not simply another set of house price figures of the sort that have been making headlines recently.
“Our results are concerned with investment returns on property let on modern leases, net of all costs.
“They are directly comparable with IPD’s figures for commercial property and those for other investment classes.”
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