European listed real estate as represented by the GPR 250 Europe Index ended 0.6% lower in December 2013, but rose 9% for the full calendar year.
European listed real estate as represented by the GPR 250 Europe Index ended 0.6% lower in December 2013, but rose 9% for the full calendar year.
The largest winner of 2013 was the UK which finished the year on 16.4%. Switzerland, on -9%, was the only country to end in the red.
Yields for the individual European land indices in December 2013 - as expressed in euros - were as follows, with the annual result in brackets:
Netherlands 1.9% (9.3%)
UK 1.3% (16.4%)
Sweden 1% (11.5%)
Israel 0.1% (2.6%)
Belgium -1.1% (5.5%)
Switzerland -1.4% (-9.0%)
France -2.3% (8.3%)
Germany -2.4% (1.6%)
Austria -4.7% (8.4%)
The regional returns were as follows:
GPR 250 Global -1.0% (-0.9%)
GPR 250 Africa -2.7% (-17.6%)
GPR 250 Americas -1.1% (-5.3%)
GPR 250 Asia 0.1% (8.2%)
GPR 250 Europe -0.6% (9.0%)
GPR 250 Oceania -4.6% (-11.8%)