European listed real estate stocks, as represented by the GPR 250 Europe Index, closed 5% higher in May, largely driven by France and the Netherlands, which grew 9% and 7.6% respectively.
European listed real estate stocks, as represented by the GPR 250 Europe Index, closed 5% higher in May, largely driven by France and the Netherlands, which grew 9% and 7.6% respectively.
Returns in May 2014 for the individual country markets (expressed in euros) grew as follows:
France 9%
Netherlands 7.7%
Belgium 6.1%
Germany 5.6%
UK 4%
Israel 2.5%
Sweden 2.4%
Austria -2.4%
Switzerland -2.7%
The results for the regional indices were as follows:
GPR 250 Global 4.8%
GPR 250 Africa -1.3%
GPR 250 Americas 4.0%
GPR 250 Asia 7.6%
GPR 250 Europe 5.0%
GPR 250 Oceania 2.1%