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Real Estate Funds: second month of growth

Posted: 12 September 2017

Italian real estate funds have had a second month of growth. After more than a year of free-falling, in August the Global FD index, drawn up for the Conferenza Permanente of the Collegio degli Ingegneri e Architetti di Milano (College of Engineers and Architects of Milan), marks the second positive month, reaching 37.39 points (taking December 2004 data to be 100).

The index thus returns to values exceeding those of May last. At the same time, the NAV discount fell to -43.1% in August.