| Nordic property funds delivered -2.3% total return in Q3 2011, and 9.0% for 12 months, according to the IPD Nordic Property Fund Index (NPFI), released by IPD yesterday (December 1, 2011). The IPD NPFI measures Net Asset Value total returns from one valuation to the next. This is the third release of the IPD NPFI.
“The overall negative return delivered by the funds in the index is the first indication of the impact of the euro zone crisis on the Nordic property market,” explained Christina Gustafsson, Managing Director at IPD Norden...............................................Full Article: Source
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