Total returns for all non-listed real estate funds suffered a significant drop from 1.5% to 0.8% in local currency in the second quarter of 2011, according to the latest INREV Quarterly Index. Capital growth moved sharply down from 1.0% to 0.2%, marking a backwards step from the first quarter of 2011, when capital growth saw a historic increase to drive up total returns overall.
This part of PropertyEU's website is a subscription-only service. At this moment you don't have access to this article. Subscribers can read the full article by clicking a link from our newsletter.