UPDATE 1-European shares slip in broader sell-off, US GDP data in focus

European shares fell on Thursday, led by losses in real estate and automobiles stocks, as a rally in global stocks stalled and investors awaited crucial U.S. economic growth data later in the day. The pan-European STOXX 600 index fell 0.3% by 0935 GMT, on track to snap a two-day streak of gains and mirroring declines in its regional peers. The automobile and parts index was the biggest decliner, with a 1% fall, while rate-sensitive real estate stocks slipped 0.8%.