| Northern European property funds may have turned a corner in investment returns in the third quarter though southern Europe continues to suffer, says Investment Property Databank. Net asset values rose in the Nordic region though UK and Germany stayed in the black solely due to income returns.
In its latest Pan-European Fund Index, IPD said each of its quarterly national fund indices for the continent registered a higher total return for 3Q12 than for 2Q12. But the improvement was more a case of ‘less bad’ than ‘better’, as the overall quarterly return remained negative at -0.12% for the quarter...............................................Full Article: Source
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