Listed real estate in Europe mounted a recovery in April and lifted the GPR 250 Europe Index by 3.8% for the month, according to figures released by Amsterdam-based index provider Global Property Research (GPR).
All countries contributed to the strong April performance, which compares to growth of just 0.3% in March, GPR said. The UK led the upward trend with a rise of 6.6% during April, following by Austria (5.5%), Spain (4.3%), the Netherlands (4.2%), Belgium (3.7%), Sweden (3.5%), France (3.5%). Germany (1.5%) and Switzerland (0.6%).
The figures relate to total returns from 1 to 30 April.
The European performance also compared favourably to other regions. Indeed, Europe was the only region that booked growth during the month, but the strong performance could not prevent the GRP 250 Global Index sliding into the red with -0.9%.
Worldwide returns were as follows:
GPR 250 Global -0.9%
GPR 250 Africa -1.1%
GPR 250 Americas -1.9%
GPR 250 Asia -0.6%
GPR 250 Europe 3.8%
GPR 250 Oceania -1.2%
