FINANCE: Japanese commercial property returned 6.7% in the year to the end of April 2014, according to the latest figures from IPD.
This was made up of 1.2% capital value growth and 5.1% income return. Industrials were the strongest performer, returning 8.8%, followed by residential at 8.5%. Offices were the lowest-returning sector at 5.2%, while retail returned 7.5% over the 12-month period.
The index tracks 2,777 property investments, with a combined capital value of ¥11.9trn as of March 2014.
sophia.furber@estatesgazette.com
