The GPR 250 index of European property stocks rose 11.2% in July after a 1.1% loss in June. The European index outperformed all other regions including the Americas and Asia which booked increases of 9.7% and 4.5% respectively.
The GPR 250 index of European property stocks rose 11.2% in July after a 1.1% loss in June. The European index outperformed all other regions including the Americas and Asia which booked increases of 9.7% and 4.5% respectively.
A number of European countries remained in negative territory, notably Finland (-0.4%), Italy (-3.2%), Greece (-4.4%) and Spain (-10.9%). But elsewhere the sun broke through in July with Poland leading the pack with a rise of 27.1%.
Other countries that turned in a positive performance included Turkey (16.2%), France (15.7%), Sweden (13.8%), the UK (11.5%), Netherlands (9.3%), Belgium (7.7%), Switzerland (6.9%), Austria (6.8%), Norway (5.6%) and Germany (1.5%).
The performance of the GPR index was in line with the EPRA index for Europe. Click on the link below to read about the EPRA index.
