European property stocks return 6.7% in September: GPR

European real estate stocks as represented in the GPR 250 Europe Index registered a strong return of 6.7% in September.

The strongest returns on a country index basis were in the Nordics: Sweden (19.4%); Finland (17.7%) and Norway (Norwegian Property) (10.7%).

Returns of about 7% to just under 10% were achieved by the large Western markets: France (9.9%); the Netherlands (9.5%); Italy (Beni Stabili) (9.3%); Germany (8.9%) and Austria (7.1%). Turkey, represented in the GPR indices by IS REIT, returned 8.8%.

The countries will the lowest returns were Spain (Inmobiliaria Colonial) (6.7%), the UK 6%; Switzerland (5.4%) and Belgium (3.9%).

The only two markets with negative returns in September were Poland (GTC) (-1.9%) and Greece, represented by Babis Vovos on -26.8%.

All performances are expressed in euros.

GPR 250 Global 0.2%

GPR 250 Africa 1.6%
GPR 250 Americas -2.5%
GPR 250 Asia 0.9%
GPR 250 Europe 6.7%
GPR 250 Oceania 0.3%