UK property exceeded the industry’s expectations in 2013, returning 10.5% in 2013 according to IPD’s UK’s quarterly index. Not only are values moving in the right direction, but the recovery is starting to look more broad-based, with value and rental growth coming through in the regions as well as central London. Phil Tily, executive director and head of UK and Ireland, IPD, talks Estates Gazette's finance reporter Sophia Furber through the numbers