The continent-wide STOXX 600 index (.STOXX) closed 0.5% lower, extending declines to the third consecutive session.
Real estate stocks (.SX86P) fell 1.6%, leading sectoral losses.
Shares of Kojamo (KOJAMO.HE) slid 5.4% after Barclays double-downgraded the Finnish residential real estate company's stock.
Shares of European post and logistics companies slid after U.S. rival FedEx (FDX.N) reported lower quarterly profits on Tuesday.
The STOXX 600 index (.STOXX) is on track for gains of 1.2% in June, losing some momentum from the first quarter of the year amid a high-interest rate environment, investor preference shifting away from value-oriented stocks and lacklustre China recovery.
Persons:
Fed's Powell, BoE, Jerome Powell, Powell, Anna Titareva, Shreyashi Sanyal, Siddarth, Sohini Goswami, Eileen Soreng
Organizations:
Tech, Federal, Bank of, Bank, UBS, Central Banks ', Barclays, FedEx, Deutsche Post, Thomson
Locations:
BoE Real, Britain, China, United States, Bengaluru