Asia Pacific REITs Flat in February, Australia Up 5.6%
The hotel and retail sectors – which were lagging in the early pandemic bouts – led the growth during the month
By Jeroen Vreeker, Managing Director at Global Property Research
March 6, 2022 – Asia Pacific REITs registered a fractional 0.3% gain with Australia (5.6%), Singapore (3.0%) and China (0.4%) as biggest contributors to the aggregate win for the GPR/APREA Composite REIT Index in USD terms in February.
The table below shows the total return performances realised in the previous month for the various currencies available for the GPR/APREA Composite REIT Index.
| EUR | JPY | LOC | USD | |
| GPR/APREA Composite REIT Index | 0.2% | 0.3% | -0.5% | 0.3% |
Looking at the sector performances, the gains for Hotel (3.2%), Retail (2.8%), HealthCare (1.0%), Office (0.9%) and Diversified (0.2%) offset the losses for Residential (-0.9%) and Industrial (-2.4%):
| DIV | HCR | HOT | IND | OFF | OTH | RES | RET | |
| GPR/APREA Composite REIT Index | 0.2% | 1.0% | 3.2% | -2.4% | 0.9% | n/a | -0.9% | 2.8% |
Please find below the performances in USD terms of the GPR/APREA Composite REIT Index and country sub-set indices:
