14 Mar 2023
Germany and offices continue to see the sharpest correction in European non-listed real estate performance
- The Consensus Indicator reported a headline reading of 50.2, a notable improvement from 41.8 in December 2023.
- The main four markets of the Asset Level Index reported negative returns in Q4 2023.
- On the sector front, offices once again witnessed sharp correction across all markets, hitting their weakest quarter since the Index’s inception at -4.53%.
- On the sentiment front, the UK is again leading in the net positive for the sixth consecutive quarter, while Germany remains firmly in the negative, concurring with the latest weak performance results.
- The living sectors remain high in participants’ preference on the net positive sentiment end. Simultaneously, the industrial/logistics sector consistently maintained a positive sentiment, while the retail sector emerged from net neutral sentiment this time around.
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Last updated on 07 May 2024
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