European listed real estate, as represented by the GPR 250 Europe Index, tumbled a further 0.7% in May, adding to the 1.9% fall already registered in April.
European listed real estate, as represented by the GPR 250 Europe Index, tumbled a further 0.7% in May, adding to the 1.9% fall already registered in April.
Returns expressed in euros for the individual European country indices for May were as follows:
UK 4.7%
Spain 2.1%
Germany -2.0%
The Netherlands -2.1%
Belgium -2.6%
Italy -4.6%
France -4.9%
Austria -4.9%
Switzerland -6.0%
Sweden -6.0%
Globally the returns were as follows:
GPR 250 indices
GPR 250 Global 0.7%
GPR 250 Africa -7.1%
GPR 250 Americas 1.5%
GPR 250 Asia -0.6%
GPR 250 Europe -0.7%
GPR 250 Oceania 2.4%