Sectors
The development was attributed mainly to BRIQ's portfolio diversification that has been recently modestly overwighted logistics.
The current account deficit recorded a decrease of €2.5 billion year on year and stood at €5.4 billion.
The UBS Global Real Estate Bubble Index analyses residential property prices in 25 major cities around the world.
Office yields are being compressed and this remains a challenging issue for this real estate sector.
The question hanging over the year ahead is whether retail's biggest players can hold on to customers they gained during the pandemic.