The GPR 250 Europe index delivered a limited return of 0.8% in May, following on from a positive result in April. The best index performer in May was Italy at 20.2%, followed by France (5.4%); the Netherlands (5%), Finland (3.8%), Poland (GTC 2.9%), Switzerland (2.8%) and Germany (2.1%).
The GPR 250 Europe index delivered a limited return of 0.8% in May, following on from a positive result in April. The best index performer in May was Italy at 20.2%, followed by France (5.4%); the Netherlands (5%), Finland (3.8%), Poland (GTC 2.9%), Switzerland (2.8%) and Germany (2.1%).
Several countries posted negative returns. Greece (Babis Vovos) was the worst performer with returns of -22.2%, followed by Norway (Norwegian Property -13.3%), the UK (-3.8%), Turkey (IS Reit 01.7%), Belgium (-1.4%), Sweden (-0.6%) and Austria (-0.5%). All performances are expressed in euros.
The continental results were as follows:
GPR 250 Asia 15.8%
GPR 250 Oceania 5.8%
GPR 250 Global 3.9%
GPR 250 Europe 0.8%
GPR 250 Americas -3.2%
GPR 250 Africa -4.5%