The European listed real estate sector, as represented by the GPR 250 Europe Index, posted a strong return of 6.7% in March, therefore significantly improving the result for the first quarter which reported a loss of 2% in total.

Belgian stocks gained as much as 9.6% over the past month, while the UK reported the biggest loss, at 14.2%.

Returns for the month/quarter for the individual countries were as follows:

 

•           Germany                       11.1% (8.4%)

•           France                      8.0% (5.1%)

•           Spain                  6.8% (-7.8%)

•           Belgium                  6.8% (9.6%)

•           Netherlands            5.9% (-1.3%)

•           UK     4.2% (-14.2%)

•           Switzerland             3.3% (6.5%)

•           Sweden                  3.2% (1.0%)

•           Austria                      2.6% (-5.7%)

 

Worldwide returns were as follows:

 

GPR 250 indices

GPR 250 Global          4.5% (1.0%)

GPR 250 Africa          13.6% (17.1%)

GPR 250 Americas                5.4% (1.6%)

GPR 250 Asia                    0.2% (-1.1%)

GPR 250 Europe          6.7% (-2.0%)

GPR 250 Oceania         5.1% (7.4%)