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.
|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%):
|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: