IPD sets up cross-border property funds index

Investment Property Databank (IPD) has launched its first 'investable' pan-European property index to track the quarterly performance of 18 cross-border European property funds open to investors. The IPD Pan-European Property Fund Indices, published on Monday with a seven-year quarterly history, consists of a small cohort of funds with an aggregate value of EUR 11 bn, reflecting an estimated 82% of the total market.

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