European listed real estate stocks - as represented by the GPR 250 Europe Index - ended November 0.7% higher, thanks mainly to a strong performance by Germany.
For the second month running Germany (3.4%) and France (0.9%) were the two best performing markets in the GPR 250 Europe.
Returns for the individual country indices in November, expressed in euros, were as follows:
Germany 3.4%
France 0.9%
UK 0.0%
Netherlands -0.1%
Belgium -0.6%
Switzerland -1.1%
Spain -2.6%
Sweden -2.8%
Austria -4.4%
Germany and France both achieved 3.0% in October when the index closed 1.5% higher. The overall regional performance in October marked a recovery after the index closed at 0.6% for September 2017.
Regions
All regions, except for Asia, ended November in the plus:
GPR 250 Global 0.4%
GPR 250 Africa 4.8%
GPR 250 Americas 0.2%
GPR 250 Asia -0.2%
GPR 250 Europe 0.7%
GPR 250 Oceania 1.7%