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IPD fund indices show north-south divide

Posted on 01 October 2012

IPD real estate fund indices for Europe are starting to show a pronounced north-south divide, with vehicles investing in the Nordic region turning in the strongest returns through the last four six-month periods, and those focused on Italy the weakest, with their underlying values falling significantly during the last year.
The Nordic funds generated total returns of 4.7% in the first six months of this year, while Italy turned in a negative performance of -2.3%. Pan-European funds were also in the red with -1%. ……………………………………….Full Article: Source

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