European listed real estate recorded a weak return of 0.8% in June compared to a lively 6% bounce in May, according to the GPR 250 Europe Index.
European listed real estate recorded a weak return of 0.8% in June compared to a lively 6% bounce in May, according to the GPR 250 Europe Index.
Five country indices ended June in positive territory: Switzerland (11%); Sweden (5.7%); Italy (Beni Stabili) (5.4%); France (4.8%) and the Netherlands (1.2%).
The rest booked negative returns: Greece (Babis Vovos) (-12.5%), Norway (Norway Property) (-12%); Austria (-10.1%); Finland (-7.8%); Poland (GTC) (-4.5%); Turkey (IS Reit) (-3.7%); Belgium (-2.5%); UK (-2.2%); and Germany (-0.6%). All performances are expressed in euros.
GPR 250 indices
GPR 250 Global -2.1%
GPR 250 Africa 0.5%
GPR 250 Americas -4.4%
GPR 250 Asia -0.5%
GPR 250 Europe 0.7%
GPR 250 Oceania -0.0%