The European listed property sector reported a loss of up to 10.4% in 2011, with December closing 0.7% lower than the previous month, according to the GPR 250 Europe Index.
The European listed property sector reported a loss of up to 10.4% in 2011, with December closing 0.7% lower than the previous month, according to the GPR 250 Europe Index.
The result for Europe compares to a return of 13.8% posted by GPR 250 Americas and a loss of 19.3% by GPR 250 Asia.
In Europe, Switzerland was the only country reporting a positive performance over the past 12 months, posting a 10.8% return over the entire year. Poland, Spain and Italy were the worst performers, with declines of -66.2%, -58.4% and -43.7% respectively.
Belgium -5.0% (0.3%)
UK -5.2% (-3.4%)
France -8.2% (0.9%)
Sweden -10.6% (3.1%)
Finland -18.0% (-0.8%)
Austria -23.2% (2.1%)
Germany -23.5% (-3.9%)
The Netherlands -24.6% (0.4%)
Norway -27.8% (-5.4%)
Turkey -33.2% (-6.8%)
