The FTSE EPRA/NAREIT Developed (Global) Index decreased 6.1% during May 2013. Global equities increased 1.8% while the global bonds market lost 1.7%. Real estate markets in North America lost 4.4% and Europe increased 1.5% while Asia was down by 11.2%.
Over a one-year period, global real estate investments have returned 19.3% compared to a 28.6% and 1.6% return from global equities and global bonds, respectively. Annualised ten-year rolling returns for real estate investments stands at 6.3%. Equities gained 8.2% while bonds markets achieved a 3.6% return per annum.
At the end of May 2013, the FTSE EPRA/NAREIT Developed Index counted a total of 298 constituents, representing a free float market capitalisation of over EUR 805 billion.
Source : EPRA