October was a relatively quiet month for European listed real estate as the GPR 250 Europe index recorded a gain of just 0.8%. Returns were in negative territory in Germany (-10.3%), Austria (-9.9%), Turkey (Is REIT; -4.8%), Finland (-4.7%) and Switzerland (-0.6%). All other European countries in the index ended the month with gains: Sweden (0.8%), Netherlands (0.9%), France (2.5%), the UK (2.6%), Greece (Babis Vovos I.C.; 3.3%), Belgium (3.4%), Poland (GTC; 4.7%), Italy (5.8%) and Norway (Norwegian Property; 12.8%). All performances are expressed in euros.
October was a relatively quiet month for European listed real estate as the GPR 250 Europe index recorded a gain of just 0.8%. Returns were in negative territory in Germany (-10.3%), Austria (-9.9%), Turkey (Is REIT; -4.8%), Finland (-4.7%) and Switzerland (-0.6%). All other European countries in the index ended the month with gains: Sweden (0.8%), Netherlands (0.9%), France (2.5%), the UK (2.6%), Greece (Babis Vovos I.C.; 3.3%), Belgium (3.4%), Poland (GTC; 4.7%), Italy (5.8%) and Norway (Norwegian Property; 12.8%). All performances are expressed in euros.
The months returns on a Continental level were as follows:
GPR 250 indices
GPR 250 Global -2.8%
GPR 250 Africa -2.0%
GPR 250 Americas -5.1%
GPR 250 Asia -0.2%
GPR 250 Europe 0.8%
GPR 250 Oceania -7.3%
