| 29.04.2011 - Europe: Income growth driving non-listed real estate performance |
| European non-listed real estate funds posted positive performance last year for the first time since 2007. The INREV annual index registered a NAV-based return across non-listed funds of 7.4% in local currency, up from a 7.7% loss in 2009. UK funds led the upturn, delivering 14.9% compared with a 3.8% return (-8.2% in 2009) across continental European funds. French non-listed vehicles returned 11.2%..............................................Full Article: Source |