French business school EDHEC launched a monthly index for commercial property in France, with the help of real estate research institute Institut de l'Epargne Immobilière et Foncière (IEIF).

The EDHEC IEIF Commercial Property Index will measure the performance of shares traded in a collective portfolio of unlisted property funds that invest in commercial property, comprising some 3400 individual assets with a total value of €7.5 billion ($10.16 billion).

Representatives from both groups have formed a committee to review the organization of the index at the end of every semester. The aim is to provide information, analysis and forecasts on the real estate markets and investments in France and Europe.

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