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).

 

gpr

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%)