Global Property Research's 250 Europe index of listed property companies was up by 0.3% in March, according to figures published on Wednesday.
The first quarter of 2017 brought a return of 1.1% across the region, with Switzerland (5.1%) and Germany (3.8%) recording the biggest individual gains. France grew by 4.2% in March but was down 1.6% over the whole quarter.
Other markets to record negative figures for the first three months were Sweden (minus 1.9%) and the Netherlands (minus 1.5%). Sweden was also the worst performer in March, shrinking by 2.5%.
Spain lost 1.0% in March but grew 3.0% over the quarter, while Belgium recorded 2.2% growth in March but contracted by 1.4% over the quarter.
Europe was the only region to record positive figures in the month of March, as the global index contracted by 2.2%. The worst performing index, the Americas, saw a 3.4% loss. Over the whole of Q1 the global index was up by 0.8%, with Europe in third place behind Asia (4.1%) and Oceania (3.4%).
