The FTSE EPRA/NAREIT Developed (Global) Index gained 3.0% during April 2012. Global equities decreased 1.1% while the Global Bonds market increased 0.6%. Real estate markets in North America gained 3.7% and Europe decreased 0.3% while Asia was up 3.2% over the month.
Over a one year period, global real estate gained 12.7% compared to a loss of 2.1% for global equities and a gain of 7.0% for global bonds. Annualised 10-year rolling returns for real estate investments stands at 6.1%. Equities gained 4.5% while bonds markets achieved a 4.4% return per annum as well.
At the end of April 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