GPR 250 Index advances 11.6% in 2025

2025 returns show benefits of diversification

The listed real estate sector rose 11.6% in the 2025 calendar year despite a 1.8% loss in December 2025. During the last five- and ten-year periods, the Americas continent of the GPR 250 Index meaningfully outperformed other continents. Yet 2025 provided a powerful reminder of the benefits of global diversification, as the tables turned and Asia (32.1%), Africa (29.6%), Oceania (23.6%) and Europe (7.8%) outperformed the Americas amid currency shifts and policy uncertainty. The gap versus general equities further widened (18.9% versus 11.6%) in 2025.

GPR 250 Index	EUR	LOC	USD
Africa	30.1%	29.6%	47.6%
Americas	-5.8%	6.5%	6.8%
Asia	17.9%	32.1%	33.7%
Europe	7.1%	7.8%	21.4%
Oceania	17.4%	23.6%	33.1%
World	0.4%	11.6%	13.9%

Healthcare sector retains top spot (36.4%)

Except for Residential (-6.4%), the GPR 250 Index sectors posted gains; as was the case in 2024, Healthcare (36.4%) performed best.

GPR 250 Index	EUR	LOC	USD
Diversified	16.7%	26.3%	32.3%
Healthcare	21.0%	36.4%	37.3%
Hotel	-9.3%	2.3%	2.9%
Industrial	-3.9%	7.5%	9.0%
Office	-3.1%	6.8%	9.9%
Other	-9.6%	2.5%	2.5%
Residential	-15.6%	-6.4%	-4.3%
Retail	0.6%	11.5%	14.0