French real estate investment returns have remained positive, but have continued to slow, returning 5.1% in 2013 according to IPD’s annual French real estate index.
This is thanks to a 0.4% fall in capital values in the year, and compares with an all-property total return of 6.3% in 2012.
Retail property bucked the trend of falling total returns in France, returning 7.2% with an increase in capital values of 1.4%
Offices returned 4.4%, but capital values fell by 1.3%, compared with a 0.3% fall in values in 2013. Residential 4.4%, with capital value growth of 1.5%.
sophia.furber@estatesgazette.com