European listed real estate stocks - as represented by the GPR 250 Europe Index - closed 3.9% lower in January 2017.
The month had two winners (Spain 1.2%) and Switzerland (0.1%) which ended January in the black, while the UK (-5.9%) and France (-6.3%) recorded the largest declines.
Returns, expressed in euros, for the individual European country indices in January were as follows:
Spain 1.2%
Switzerland 0.1%
Sweden -1.0%
Germany -1.1%
Netherlands -3.4%
Austria -3.7%
Belgium -4.4%
UK -5.9%
France -6.3%
The regional returns for the GPR indices were:
GPR 250 Global -1.9%
GPR 250 Africa -0.2%
GPR 250 Americas -2.6%
GPR 250 Asia 1.4%
GPR 250 Europe -3.9%
GPR 250 Oceania -2.8%
