Peter Hobbs, senior director of Group Business Development at IPD, discusses research from the IPD 2010 Global Index. The report looked at 23 markets and found a 9.5 percent return on a local-currency basis for 2010, compared with --8.2 percent in 2009. The United States and the United Kingdom made the strongest returns, largely a result of those markets falling the most during the recession. The report also found that multifamily was the top performing asset class in the United States for 2010.
