Connect with us on

LinkedIn YouTube Facebook Twitter Instagram WeChat
overlay-stripes

For commercial real estate, the price declines needed to inspire buyers to come back to the market need not be as extreme as the 22% drop in the RCA CPPI seen from ’07 to ’10 during the Global Financial Crisis. Consider the office market in Manhattan in 2017. The top of the bidder pool disappeared as Chinese investors stepped away from the market and office sales plummeted as buyers and sellers wondered where the bottom would be found. A 20 bps change in cap rates, though, was enough to inspire buyers to come off the sidelines.

Download the Report Read More

Please find below the constituent changes to the GPR/APREA Indices, which will become effective as of 23 March 2020 (start of trading):

Download the Report Read More

在全球金融危机之后(2009年及之后)开始投资 的基金所获得的回报(从净内部收益率和净倍数 来看)都比之前的基金大得多。较新年份的基金 仍处于其基金生命的早期,因此这些年份的数字 可能会随着基金的成熟而发生变化。
 

Download the Report Read More
  • The impact of the pandemic has been pervasive with economic dislocations now reverberating across the world, hitting consumption, tourism, and supply chains. Financial market volatility has also increased with equity prices dragged lower through 2020.
  • While REITs have not been spared in the current selloff, the recent price drops have upped the distribution yields of the region’s REITs, which rose to 4.4% in February, from 4.0% in January, according to the GPR/APREA Composite REIT Index.
  • Historically, returns for REITs have demonstrated lower volatility over the longer term, supported by their stable dividend pay-outs. The main reason is that the overall performance, especially for office and industrial, is tied to relatively long-term leases.

 

Download the Report Read More
  • COVID-19: Comparable to GFC shock and bigger, but unlike GFC, is a socio-biological calamity-driven stress and  has  engulfed the entire world. Damage is physical and psychological.
  • Global economic decline projected in upcoming quarters- loss of investor confidence, consumption slowdown, loss of jobs (World GDP growth could even fall to 0% in initial two quarters of 2020, on the lower side*).
  • Post COVID-19, however, the world to witness large-scale transformation and business boost.
Download the Report Read More