- China real estate equities’ s total return surged to 12.9% in December supported by solid China’s official Purchasing Managers’ Index at 50.2 for December. China's home prices saw an increase in December witnessed a 3.34 percent year on year growth, according to the China Index Academy.
- Indonesia real estate stocks were top performers among mid and smaller markets in December. In the fourth quarter of 2019, foreign direct investment into Indonesia rose 6.4% year-on-year to US$7 billion. China, Hong Kong, and Singapore were the top sources of investment.
- Hong Kong REITs recorded the best performance at 2.2% in December. China Merchants has raised US$327.2 million in a public offering in Hong Kong, breaking a six-year listing drought for REITs in Hong Kong.