January 2017 was a less positive month than December for FTSE EPRA/NAREIT Global Developed Index with a total return of -1.8% compared to global equities and global bonds which showed a total return of 1.5% and -0.8% respectively. Within the Developed Indices, Asia outperformed both Europe and North America with a return of 1.1%. Europe saw a total return of -3.3% and North America a return of -2.8%.
The 1-year performance for global real estate was 10.4% compared to an increase of 18% for global equities and a gain of 0.1% for global bonds. Annualised 10-year rolling return for real estate investments stands at 3.7%. Equities gained 5.0% while bonds markets achieved a 4.0% return per annum.
The total size of the FTSE EPRA/NAREIT Global Developed Index at the end of January was over EUR 1,255 billion in free float market capitalisation, covering 333 companies across the globe.