Connect with us on
Connect with us on
Capital markets in the region experienced another weak month in October, following a lackluster September. Uncertainties from the US presidential election, protracted US fiscal stimulus talks and a resurgence in infection numbers in Europe contributed to the bearish sentiment.
Closer to home, Thailand’s stocks fell on mounting anti-government protests, which, if protracted is likely to derail an economic recovery – its key equities benchmark tumbled to its lowest level in more than six months. The GPR/APREA total return gauges for both the Kingdom’s listed real estate and REITs contracted by double digits to clock the biggest fall among regional markets.
Download the Report Read More
The region’s property stocks lost ground in September as risk aversion gripped investors. ahead of a US Presidential election and continued concerns that a global economic recovery remains volatile.
The GPR/APREA Composite REIT Index lost 1.4% in September, snapping a string of monthly gains since April, underperforming the wider market which declined by a smaller 1.1%.
Supported by low interest rates and higher debt capacity, the region’s REITs are turning acquisitive and resuming stalled deals. According to Real Capital Analytics, the region’s REITs expended over US$4.1 billion in acquisitions in the third quarter, after posting a record low quarterly volume in the second quarter since 2010.
Download the Report Read MorePlease find the constituents changes for the following GPR/APREA index series, which will become effective as of 21 September 2020 (start of trading):
GPR/APREA Investable 100 Index
Inclusions
| AUS | Waypoint REIT Limited |
| HKG | ESR Cayman Ltd |
| VNM | Yungshin Construction & Development Co |
Exclusions
| PHL | SM Prime Holdings | Liquidity too low |
| THA | Amata Corp PCL | Liquidity too low |
GPR/APREA Investable REIT 100 Index
Inclusions
| AUS | Centuria Industrial REIT |
| IND | Embassy Office Parks REIT |
Exclusions
| JAP | Healthcare & Medical Investment Corporation | Liquidity too low |
| SGP | SPH REIT | Liquidity too low |
GPR/APREA Composite Index
Inclusions
| AUS | AVJennings Ltd |
| SGP | United Hampshire US REIT * |
| TWN | ReaLy Development&Construction Corp |
Exclusions
None
Read MoreThe following preliminary constituent changes to the GPR 250 Index and GPR 250 REIT Index (indicated with an asterisk) will become effective as per 21 September 2020 (start of trading).
Download the Report Read More
