Greece was the worst performer in the GPR index of listed property stocks in April, with a negative performance of -28.1%. All in all, European propery stocks shed 2.3% over the month.
Greece was the worst performer in the GPR index of listed property stocks in April, with a negative performance of -28.1%. All in all, European propery stocks shed 2.3% over the month.
Europe was the only index to end the month in the red: GPR 250 Americas generated positive returns of 8.3% followed by GPR Oceania with 6.9%, GPR 250 Asia with 6.2% and GPR 250 Africa with 3.1%. The Global index turned in 5.6
Only three European countries turned in a positive result: Turkey with 17.4% (Is REIT), Austria (10.1%) and the UK (1.1%).
The returns of the other European country indices were as follows:
Norway (Norwegian Property; -2.3%)
Belgium (-3.6%)
Switserland (-4.7%)
France (-5.3%)
Finland (-5.7%)
Netherlands (-5.8%)
Poland (GTC; -7.0%)
Germany (-7.3%)
Sweden (-7.4%)
Italy (-7.%)
