Global Property Research from Amsterdam has once again determined the definitive composition of the GPR 15 Real Time Index for the next 12 months.
New in the Index are the Austrian real estate fund Immofinanz Immobilien Anlagen and from the UK British Land and Brixton. The Belgian Cofinimmo and the British real estate fund Great Portland Estates have disappeared from the Index. Canary Wharf had already been removed some time ago.
The Index follows the performances of the 15 most liquid listed real estate companies from the most important European real estate markets. They represent 63% of the market capitalization of the freely marketable European real estate. The Index holds two Dutch real estate funds; Corio and Rodamco Europe. It holds seven companies from the UK, two from France and one each from Austria, Spain, Sweden and Switzerland.
The Index was set up four years ago to approach the return of the GPR 250 and is meant as a benchmark for smaller investors, who do not actively manage a portfolio. The composition is determined again each year.