Global FD Index going down again

The Global FD Index on Italian real estate funds has started falling right from the beginning of 2012, the Italian Weekly Real Estate portal reports.

The  FD Index provides a unique look at the present and future prospects for international investment flows and  refers to the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor.

The index on Italian Real Estate market, after slightly increasing at the end of 2011, has gone back to its old negative trend in January, falling to 55.7 points from 56.1 points in December 2011. Also the discount to NAV equals the levels in November, stopping at 44% on average. Finally the overall transaction volumes has risen from 346 in December to 461 in January.

February 14th, 2012