The European listed real estate sector - as represented by the GPR 250 Europe Index - closed 4.6% higher in December, lifting total returns for the year to 12.6%.
The best performers were Germany (28.7%) and Austria (27.2%), while The Netherlands returned the least with 0.8%.
Returns for the individual countries in December were as follows (with the yearly results in brackets):
Austria 13.9% (27.2%)
UK 8.7% (7.3%)
Switzerland 5.9% (2.0%)
Spain 3.4% (18.9%)
Germany 2.8% (28.7%)
the Netherlands 2.7% (0.8%)
Sweden 2.3% (10.4%)
France 2.1% (5.2%)
Belgium 1.3% (6.1%)
Worldwide the returns were as follows:
GPR 250 indices
GPR 250 Global 0.8% (-3.2%)
GPR 250 Africa 14.6% (15.5%)
GPR 250 Americas -0.5% (-8.3%)
GPR 250 Asia 0.3% (0.5%)
GPR 250 Europe 4.6% (12.6%)
GPR 250 Oceania 2.7% (-0.1%)