The FTSE EPRA/NAREIT Developed (Global) Index gained 3.6% during December 2016. Global equities increased 2.7% and the Global Bonds market increased 0.1%. Real estate markets in North America gained 5.2%. Europe gained 5.1%, while Asia was down 0.4% over the month.
The annual performance for 2016 for global real estate was 8.1% (11.5%)* compared to an increase of 9.9% (1.5%) for global equities and a gain of 2.9% (1.3%) for global bonds. Annualised 10-year rolling returns for real estate investments stands at 4.5%. Equities gained 5.0% while bonds markets achieved a 4.0% return per annum.
At the end of December 2016, the FTSE EPRA/NAREIT Developed Index counted a total of 324 (324) constituents, representing a free float market capitalisation of over EUR 1,282 billion (EUR 1,183 billion).
Source : EPRA