Spain's listed real estate companies turned in a strong performance in July, generating a 3.9% increase for the country index, according to figures from Amsterdam-based index provider GPR.
Sweden also remained in positive territory with 1.3% as did Austria (+0.3%) and the UK (0.2%).
Overall, however, there were more losers than winners over the month, prompting the GPR 250 Europe index to shed 0.7%. Switzerland was the worst performer with a loss of 4.5%. The July figure for Europe does represent a narrowing of the losses booked in June, when the Europe 250 index booked a negative return of 2.3%.
Europe was not the only loser in July: all other regions turned in a loss over the period with the notable exception of Oceania.
The figures for the individual countries and regions are listed below:
Spain 3.9%
Sweden 1.3%
Austria 0.3%
UK 0.2%
Belgium -0.3%
Germany -0.5%
France -2.3%
Netherlands -2.9%
Switserland -4.5%
Worldwide, the returns were as follows:
GPR 250 indices
GPR 250 Global -1.6%
GPR 250 Africa -0.8%
GPR 250 Americas -2.1%
GPR 250 Asia -1.1%
GPR 250 Europe -0.7%
GPR 250 Oceania 0.7%
