| Total return index Feb 2015 | Total return index March 2015 | Total return % | Income return % | Capital growth % | |
|---|---|---|---|---|---|
| All property | 1,150.20 | 1,165.10 | 1.3 | 0.5 | 0.8 |
| Retail | 992.5 | 999.9 | 0.7 | 0.5 | 0.3 |
| Office | 1,069.10 | 1,088.60 | 1.8 | 0.4 | 1.4 |
| Industrial | 1,907.10 | 1,935.70 | 1.5 | 0.5 | 1 |
The IPD UK Monthly Property Index rose 14.9 points between February and March 2015, with total returns up 1.3% for all properties.
The benchmark index stood at 1,165.1, based on data from 3,497 properties in 52 funds.
Total returns from offices rose by 1.8%, the fastest of any sector, with industrial returns up by 1.5% and retail up by just 0.7%.
Overall capital growth was 0.8%. Offices again led the way, up by 1.4% month on month, followed by industrial (1%) and retail (0.3%).
Income returns were up by 0.5% for all property types. Office incomes were up by only 0.4%; both retail and industrial posted income growth of 0.5%.
Total property returns were three times the 12-month average returns from equities at 18.3%, outperforming the 6.2% 12-month average.
Property equities outstripped all other investments recorded over the same period, returning 28.1% in the 12 months to the end of March 2015.
