European listed real estate, as represented by the GPR 250 Europe Index, ended lower in the first quarter of 2013.
European listed real estate, as represented by the GPR 250 Europe Index, ended lower in the first quarter of 2013.
The index closed 0.5% higher in March, but the result was not enough to prevent a 0.6% loss for the first three months of the year.
Returns in March 2013 for the individual country markets - as expressed in euros - were as follows:
Israel 3.4%
Finland 2.2%
Switzerland 2.0%
UK 1.8%
France 1.2%
Netherlands 1.0%
Sweden -0.7%
Germany -2.6%
Belgium -4.0%
Poland-6.7%
Austria -8.6%
The regional results were:
GPR 250 Global 5.1%
GPR 250 Africa 2.3%
GPR 250 Americas 4.3%
GPR 250 Asia 10.7%
GPR 250 Europe 0.5%
GPR 250 Oceania 0.9%
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The Q1 results, expressed in euros, were:
Sweden 9.2%
Israel 7.8%
Finland 7.0%
Netherlands 4.3%
France 0.1%
Switzerland -0.8%
UK -2.0%
Belgium -2.1%
Germany -3.4%
Austria -8.0%
Poland -24.5%
GPR 250 Global 10.2%
GPR 250 Africa 2.8%
GPR 250 Americas 9.4%
GPR 250 Asia 18.6%
GPR 250 Europe -0.6%
GPR 250 Oceania 8.4%