The GPR/APREA Asia Pacific Performance Snapshot tracks the dynamics of listed real estate securities (including REITs) across 12 Asia Pacific countries, and eight sectors over multiple time horizon.
The following asset classes are covered:
Listed real estate (including REITs): GPR/APREA Composite Index
Japan real estate continued to outperform all countries in Asia Pacific, against a backdrop of strong property fundamentals. New Zealand also remains on the investor radar, with its property markets showing promising signs of growth.
J-REITs and Thailand REITs were top performers in September and also on a trailing one-year basis. The J- REIT market will remain well supported, with the Bank of Japan buying J-REIT shares as part of its stimulus plan.
Singapore REITs have also been on the spotlight for their offshore expansion, buying a record US$2.7 billion of assets this year to date, thus making "them" the largest cross border spenders among REITs globally.
ENG- Synchronized slowdown in global economies, tariff uncertainty, and geopolitics were key macro themes in August. Hence, stable yields remained an investor draw, with Asian REITs continuing to beat the broader market, with total returns up by 1.8% in August. Industrial REITs, fueled by logistics and ecommerce, fared the best.
