The FTSE EPRA/NAREIT Developed (Global) Index gained 1.7% during March 2012. Global equities increased 1.1% while the Global Bonds market decreased 0.4%. Real estate markets in North America gained 4.9% and Europe increased 4.6% while Asia was down 4.2% over the month.
Over a one year period, global real estate gained 10.0% compared to a gain of 1.0% for global equities and a gain of 7.2% for global bonds. Annualised 10-year rolling returns for real estate investments stands at 5.8%. Equities gained 4.1% while bonds markets achieved a 4.5% return per annum as well.
At the end of March 2012, the FTSE EPRA/NAREIT Developed Index counted a total of 282 constituents, representing a freefloat market capitalisation of over EUR 644 billion.
Source : EPRA