The European listed property sector - as represented by the GPR 250 Europe Index - finished October 4.4% lower in November, eating into the 6.2% return booked the previous month. Apart from Belgium (0.6%), the individual country market performances were all in negative territory. Spain and Italy were the worst performers.
Israel -0.4% (= Gazit Globe, Inc.) UK -1.5% Switzerland -3.4% Finland -4.4% Germany -4.9% Sweden -5.0% France -5.4% Austria -7.8% Turkey -8.1% Netherlands -10.1% Norway -11.7% (= Norwegian Property) Poland -16.9% (= GTC) Spain -20.9% (= Inmobiliaria Colonial) Italy -28.6% (= Beni Stabili SIIQ) All performances are expressed in euros. GPR 250 indices
GPR 250 Global -1.5% GPR 250 Africa -0.2% GPR 250 Americas -0.0% GPR 250 Asia -4.7% GPR 250 Europe -4.4% GPR 250 Oceania 3.1% |