The GPR 250 index for listed property gained no less than 6.7% in March 2010. The index ended the first quarter of 2010 with a gain of 5.1%, again outperforming global equities (MSCI: 4.8% YTD). The GPR Global 250 index was predominantly driven by Africa and Americas (9.7% and 9.0% YTD respectively, in local currencies, against 3.6% for Europe and 2.7% for Asia). It should be noted however, that Europe recorded a 6.9% gain in March 2010 alone, vis-a-vis the global index at 6.7%.
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