The Brexit vote in the UK dragged down the country's listed property sector in June, according to data compiled by Global Property Research (GPR).
UK stocks turned in a negative return of 18.2%, followed by the Netherlands with a decline of 11.8%.
In total, the GPR 250 Europe Index reported a loss of 5.6% in the month of June, and a loss of 2.5% for the entire second quarter of the year.
Returns for the individual countries were as follows, respectively for the month of June and for the second quarter:
•Germany 6.1% (6.7%)
•Switzerland 5.1% (8.5%)
•Sweden 2.2% (3.5%)
•Austria -1.7% (2.0%)
•France -3.1% (-2.0%)
•Belgium -3.4% (1.3%)
•Spain -6.5% (-5.4%)
•Netherlands -11.8% (-12.5%)
•UK -18.2% (-12.0%)
Globally returns were as follows:
GPR 250 indices
GPR 250 Global 4.6% (7.1%)
GPR 250 Africa 11.2% (2.7%)
GPR 250 Americas 7.2% (9.5%)
GPR 250 Asia 2.9% (6.1%)
GPR 250 Europe -5.6% (-2.5%)
GPR 250 Oceania 6.8% (8.5%)
