In the first four months of the year the industry index for property shares, Epix, rose 9.91%. This corresponds to the 9.89% rise in the DJ Euro Stoxx 50, which follows the large European blue chip companies.
Michael Beck of Ellwanger & Geiger in Stuttgart thinks this mirrors the expectation that the European property markets will profit from the common European currency region. Spain and Italy are considered to be particularly strong growth countries. France is also attracting more international investors.
Die Welt, 30th April – 1st May, property section, page 1
