European real estate stocks booked a small loss in November, with the GPR 250 Europe index falling 2.5% over the month. The only countries to report a gain over the period were Austria (6.9%), Norway (Norwegian Property; 1.8%) and Switserland (0.5%).
European real estate stocks booked a small loss in November, with the GPR 250 Europe index falling 2.5% over the month. The only countries to report a gain over the period were Austria (6.9%), Norway (Norwegian Property; 1.8%) and Switserland (0.5%).
All the other European participants stayed in the red, with Greece booking the sharpest fall of 22.6%. Declines were also reported in Germany (-0.5%), the Netherlands (-1.7%), Finland (-2.2%), France (-2.7%), Poland (GTC; -3.9%), the UK, (-4.1%), Sweden (-4.8%), Belgium (-4.9%), Italy (-5.4%), and Turkey (Is REIT; -12.8%). The results are expressed in euros.
On a continental bases, the month returns were:
GPR 250 Global 0.6%
GPR 250 Africa 3.7%
GPR 250 Americas 5.2%
GPR 250 Asia -3.7%
GPR 250 Europe -2.5%
GPR 250 Oceania 0.3%