The GPR 250 Europe index booked a loss of -13.8% for November, continuing the downward trend in the listed property sector. However, the latest performance is better than October when the index recorded its worst monthly low ever, of -22.4%.
The GPR 250 Europe index booked a loss of -13.8% for November, continuing the downward trend in the listed property sector. However, the latest performance is better than October when the index recorded its worst monthly low ever, of -22.4%.
On a country level, only Turkey (Is REIT; +16.9%) and Belgium (+5%) stayed out of negative territory. Countries which did better than the European average were Poland (GTC; -1.4%), Switzerland (-2.5%), Greece (Babis Vovos I.C.; -7.8%), Sweden (-8.4%), Italy (-8.5%) and France (-10.0%). The worst performers were the Netherlands (-15.0%), the UK (-16.3%), Norway (Norwegian Property; -22.0%), Finland (-23.0%), Germany (-24.1%) and Austria (-37.5%). All performances are given in local currency.
GPR 250 regional indices
GPR 250 Africa +15.7%
GPR 250 Oceania -1.3%
GPR 250 Asia -7.3%
GPR 250 Europe -13.8%
GPR 250 Americas -23.2%
GPR 250 Global -14.6%
