View more on these topics

More declines in property sector

Investors feeling optimistic about a recovery in the property market will be disappointed by the latest property stock figures from Standard & Poor’s Index Services.

The firm said that developed world property stocks continued to fall in the first three months of 2009.

The S&P Global Property index fell by 19.81%, while the Developed Property index dropped 22.22%.

S&P’s Quarterly Global Property and Reit report says the falls are a result of many investors fearing that “talk of a bottom for property and Reit stocks is premature”.

North America saw the largest falls, with its index losing 31.69%. Europe lost 18.23% and Asia Pacific 15.60%.

In Europe, however, Austrian property stocks were boosted by strong returns from Immoeast AG. The region was up 20.321% for the quarter.

Property in emerging markets also appeared to be “healthier”. The S&P Emerging Property index rose 7.81% whilst Israel posted an increase of 33%.

Related Articles:
Building returns with wary approach


IFAs help strong SHIP Q1 results

Safe Homes Income Plans says the increase in IFA equity release business has attributed to a solid Q1 2009.

Make a match

Coming out of the credit crisis, it is obvious to any observer that the market has undergone significant change. Those who are trying to take out a mortgage are finding that their choice has been significantly reduced.

Investment Forum

Position Portfolios for a Changing China, Accelerating Disruption and More Political Discourse Is China an asset class? Why Investors’ Understanding of China is Changing How is disruption changing the way we invest? Established Ways of Doing Business Are Being Challenged What to Watch: Why politics matters more than ever in 2017 Key takeaways: Despite volatile […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm