European listed property, as represented in the GPR 250 Europe Index, closed 7.4% lower in October.
There were no winners among the European markets and the main losers were the Netherlands (-7.9%), Sweden (-7.9%), France (-8.3%) and the UK (-8.8%).
Returns for the individual European country indices, calculated in euros, in October were as follows:
Spain -1.8%
Switzerland -3.5%
Belgium -3.6%
Austria -5.9%
Germany -6.8%
Netherlands -7.9%
Sweden -7.9%
France -8.3%
UK -8.8%
Europe was the weakest performing region and Africa the strongest, according to GPR.
GPR 250 Global -3.1%
GPR 250 Africa 5.3%
GPR 250 Americas -3.5%
GPR 250 Asia 0.9%
GPR 250 Oceania -5.9%
GPR 250 Europe -7.4%