The FTSE EPRA/NAREIT Developed (Global) Index gained 0.3% during May 2012. Global equities decreased 6.9% while the Global Bonds market increased 1.7%. Real estate markets in North America gained 2.1% and Europe decreased 0.7% while Asia was down 2.3% over the month.
Over a one year period, global real estate gained 9.0% compared to a loss of 6.6% for global equities and a gain of 7.6% for global bonds. Annualised 10-year rolling returns for real estate investments stands at 6.2%. Equities gained 3.8% while bonds markets achieved a 4.6% return per annum.
At the end of May 2012, the FTSE EPRA/NAREIT Developed Index counted a total of 281 constituents, representing a freefloat market capitalisation of over EUR 660 billion.
Source : EPRA