Property beats equity for investment returns
Over the past three years, Irish property fund growth has ranged from 18.5 per cent to more than 24 per cent, and advisers say this year looks pretty good too
Irish people who invested in Irish property unit-linked funds were in the happy position of seeing the performance of these investments outstrip those of their traditionally stronger equity unit-linked funds in 2018.
While €21 billion was knocked off the value of Irish shares in 2018 and the Iseq stock exchange index suffered a 22 per cent setback, four gross unit-linked property funds saw their values grow, albeit by single digits. Over the past three years Irish...
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