European listed real estate, as represented in the GPR 250 indices series, continued on a steep downward trajectory in February. The GPR 250 Europe closed the month on -5.8%, after a -1.3% performance in January.
All country indices ended in negative territory in February. The weakest individual country indices - all expressed in euros - were the Netherlands (-24.2%); France (-7.3%) the UK (-6.7%) and Germany (-5.7%).
The top 5 performers in relative terms were Spain (-0.9%); Switzerland (-1.4%; Austria (-2.6%); Sweden (-3.9%) and Belgium (-4.6%).
Global results
The GPR 250 Global index ended on -4.6% in February, led downwards by Africa (-10.3%) and Europe (-5.8%).
GPR 250 Africa -10.3%
GPR 250 Europe -5.8%
GPR 250 Americas -4.9%
GPR 250 Oceania -4.9%
GPR 250 Asia -2.2%
