Residential property providing best returns for investors in German markets

Residential property is providing the best investment returns for the German real estate sector, according to the DIX German Property Index for 2011 published by IPD.

The total return before tax and financing for all German properties reached a record level in 2011, said Daniel Piazolo, managing director of IPD in Germany.

The DIX German Property Index for 2011 stood at 5,5%, representing the highest return of this millennium and exceeding industry expectations, which had been reflected in a total return forecast of 4,8% for the year.

Source: http://www.propertywire.com/news/europe/german-property-market-investment-201203296365.html