After
five consecutive quarters of growth cross border European property
funds saw returns fall to -0.2% in Q3 2011, according to the IPD Pan
European Property Funds Index.
"The
ongoing euro zone contagion fears have led to some writing down of the
value of some assets,” said Doug Rowlands, Associate Director at IPD.
"Although this is the first negative return since early 2010, it is far
milder than the -17% return for the European listed real estate mar
...
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