GPR 250 Europe starts year 4.8% higher

European real estate stocks - as represented in the GPR 250 Europe Index - began 2012 on a strong footing, finishing 4.8% higher in January compared with December.

Returns for individual European indices was as follows in January. (Returns are expressed in euros).

Poland 20%
Norway 16.0%
Turkey 15.4%
Italy 9.5%
UK 6.5%
Finland 5.9%
France 5.4%
Netherlands 5.4%
Israel 4.9%
Sweden 4.4%
Austria 1.5%
Belgium 0.1%
Switzerland -0.1%
Germany -0.4%
Spain -19.3%

The global returns for January were as follows:

GPR 250 Global 6.3%
GPR 250 Africa 8.3%
GPR 250 Americas 5.2%
GPR 250 Asia 9%
GPR 250 Europe 4.8%
GPR 250 Oceania 8.4%