13.07.2012 - German open-ended real estate funds show two sides
In June German open-ended real estate funds returned -0.1%, repeating the weak performance of the previous month. The sub-index OFIX Germany performed significantly better than sub-indices for the European and global funds. It returned 0.2% for the month of June and 0.5% for the 2nd Quarter of 2012, whereas the returns for the European and global funds were negative in both periods. Only when one takes a ten-year perspective does the OFIX Europe surpass OFIX Germany, with an annualised return of 3.1% compared to 2.6%...............................................Full Article: Source
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