Real Estate Investor Magazine South Africa October 2014 | Page 55

REI OFFSHORE
GLOBAL QUARTERLY
FUND RETURNS
ACCELERATE

REI OFFSHORE

LUXURY RESIDENTIAL MARKET PERFORMANCE
IN EUROPE’S KEY CITIES

T

he recent IPD Global Quarterly Property
Fund Index, measuring fund-level real
estate performance across global markets,
revealed that the global quarterly fund return
accelerated in the quarter to June 2014,
reaching 2.9%, a level not seen since March
2011. This brought the 12-month return to 11.4%,
outperforming bonds but lagging equities and
real estate equities.
The strong performan