In aggregate, global real estate stocks outperformed in 2018, with the Morningstar Global Real Estate Index slipping 6% year to date through Dec. 20 versus a 10% drop for the broader market (Exhibit 1).
Exhibit 1: Real estate is down slightly but outperforming the global equity index
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Kevin Brown does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.