05.06.2012 - Pan-European funds see returns weaken in Q1: IPD
Pan-European property funds recorded total returns at net asset value of just 0.1% in the first quarter of 2012, according to the IPD Pan-European Quarterly Property Fund Index. This resulted in a 12-month return to March 2012 of 2.1%; the lowest in nearly two years. Although the underlying direct real estate returns were stronger, at 0.9% for the quarter and 5.9% for the last 12 months, they also represented a deterioration on previous quarters...............................................Full Article: Source
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