The FTSE EPRA/NAREIT Developed (Global) Index added 6.8% during July 2012. Global equities increased 1.5% while the Global Bonds market was up 1.0%. Real estate markets in North America gained 5.3% and Europe added 7%. Asia was the top performer with a monthly return of 9.1%.
Over a one-year period, global real estate investments have returned 22.9% compared to 1.5% and 7.2% return from global equities and global bonds, respectively. Annualised ten-year rolling returns for real estate investments stands at 8.4%. Equities gained 6.1% while bonds markets achieved a 4.3% return per annum.
At the end of July 2012, the FTSE EPRA/NAREIT Developed Index counted a total of 286 constituents, representing a free float market capitalisation of over EUR 740 billion.
Source : EPRA