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Asia Pacific Reits Recover From Loss In Preceding Month

Asia Pacific Reits Recover From Loss In Preceding Month

Hotel and Retail were best-performing sectors in October

By Jeroen Vreeker, Index Analyst for Global Property Research

November 3, 2021 –

Asia Pacific REITs recovered from the loss recorded in the preceding month with the GPR/APREA Composite REIT Index advancing 1.8%. Asia Pacific REITs outperformed the regional equities in October. 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.


EURJPYLOCUSD
GPR/APREA Composite REIT Index2.0%4.1%1.4%1.8%

Hotel (3.7%) and Retail (3.6%) were the best-performing sectors with none of them in negative territory:


DIVHCRHOTINDOFFOTHRESRET
GPR/APREA Composite REIT Index0.3%1.4%3.7%1.4%1.2%n/a1.5%3.6%

No changes occurred in the composition, as a result of which the GPR/APREA Composite REIT Index continues to contain 178 Asia Pacific REITs with a combined free float market capitalisation of US$340.9 billion as at October 31, 2021. Thailand (7.5%), Australia (4.5%) and Singapore (1.3%) were the biggest contributors whereas Japan (-0.9%) and China (-1.1%) dragged on the overall regional performance. Please find below the performances in USD terms of the GPR/APREA Composite REIT Index and country sub-set indices: