European listed real estate as represented in the GPR 250 Europe Index ended January 1.3% higher. The returns for the individual European country indices were as follows:

Spain 14.5% (= Inmobiliaria Colonial)
Italy 10.0% (= Beni Stabili SIIQ)
Austria 1.6%
Germany 0.6%
Belgium 0.5%
UK -0.4%
Netherlands -1.1%
Turkey -1.8%
Finland -2.0%
France -2.4%
Sweden -2.6%
Norway -3.0% (= Norwegian Property)
Switzerland -4.2%
Israel -10.4% (= Gazit Globe)
Poland -13.7% (= GTC)
Greece -15.0% (= Babis Vovos)

All performances are expressed in euros.

GPR 250 indices

GPR 250 Global -1.0%
GPR 250 Africa -14.0%
GPR 250 Americas 0.8%
GPR 250 Asia -2.7%
GPR 250 Europe -1.3%
GPR 250 Oceania -2.4%