15. Juni 2012 
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Portuguese property investment funds delivered positive annual returns in Q1 2012
The Portuguese property investment funds returned an annual total return of 0.8% in March 2012, according to the APFIPP/ IPD Portugal Property Fund Index. The annual performance of the APFIPP/ IPD Index remained in positive territory in Q1 2012, despite the slight decrease compared to the annual return of 1.2% recorded at the end of 2011.
The overall performance of the Index continues to benefit from the positive behavior of the open ended funds, which returned an annual total return of 1.8%, while the closed ended funds remained in negative territory, with an annual return of -1.6%.
The slight drop in performance recorded in March is seen in both funds categories. The open and closed-ended funds’ performance have contracted by -0.3% and -0.4% respectively, when compared to the returns recorded in last December.
The overall performance of the Index continues to benefit from the positive behavior of the open ended funds, which returned an annual total return of 1.8%, while the closed ended funds remained in negative territory, with an annual return of -1.6%.
The slight drop in performance recorded in March is seen in both funds categories. The open and closed-ended funds’ performance have contracted by -0.3% and -0.4% respectively, when compared to the returns recorded in last December.
