European listed real estate shares have had a good summer with two months of strong performance. The Global Property Research (GPR) 250 Europe Index returned 17.1% in August, extending on the 11.4% gain booked in July.
European listed real estate shares have had a good summer with two months of strong performance. The Global Property Research (GPR) 250 Europe Index returned 17.1% in August, extending on the 11.4% gain booked in July.
On a country level, only Poland (GTC; -0.9%) ended with a loss in August. All other countries in the index recorded strong growth: Austria (46.1%), Spain (Realia Business; 39.7%), Finland (36.5%), Turkey (Is REIT; 29.6%), Norway (Norwegian Property; 28.3%), Sweden (23.8%), Greece (Babis Vovos I.C.; 22.0%), UK (15.9%), France (15.8%), Netherlands (15.3%), Italy(15.0%), Germany (10.4%), Belgium (7.1%) and Switzerland (2.3%).
All performances are expressed in euros.
The GPR 250 Europe index was the best performer over the period. Here is an overview of the continental performances:
GPR 250 indices
GPR 250 Global 9.4%
GPR 250 Africa 2.6%
GPR 250 Americas 12.3%
GPR 250 Asia -0.9%
GPR 250 Europe 17.1%
GPR 250 Oceania 15.8%
