By Jeroen Vreeker, Managing Director, Global Property Research March 4, 2023 – Asia Pacific REITs lost 2.2% in February 2024 in USD terms, which brought the total return performance at -5.7% so far this calendar year. Most of the reported GPR/APREA Composite REIT Index countries – except for Malaysia (2.0%) and Australia (0.7%) – recorded […]
Asia Pacific REITs Fell 2.2% In February, Goodman Group Shines Read More »
By Patrick Ma, Director of Products, Admiral Investments In February, the market continued to speculate about the potential for a lower US interest rate. The US’s CPI grew 3.1% year-on-year in January, which was above market expectations. This led the market to look towards fewer rate cuts starting in mid- or late 2024. The US
Japan REITs Were Worst Performing in Asia Pacific in February Read More »
Feb 11, 2023 – The number of real estate transactions in 2023, compiled by Nikkei Real Estate Market Report, increased by 6% year-on-year to 1,556, and the total sales volume, based on revealed prices, climbed 4% year-on-year to 3,572.4 billion yen (US$24 billion) A year earlier, transaction volume saw a 12% year-on-year decrease. Hotel transactions
By Jeroen Vreeker, Managing Director, Global Property Research Feb 7, 2024 – The GPR/APREA Composite REIT Index fell 3.6% in January 2024, suffering a setback in sentiment after the gains realized in November 2023 (9.2%) and December 2023 (8.3%) respectively. The relevant countries – except for Malaysia (0.3%) – recorded losses, ranging from -1.8% for
Asia Pacific REITs Suffer Setback In January, Industrial REITs Slump Read More »
By Patrick Ma, Director of Listed Products, Admiral Investments. Jan 3, 2024- Capital markets continued to ride on the prospect of lower US interest rates in December. Global equity markets rose 5.4%, while Asia Pacific equities climbed 5.0%. The US Fed maintained its policy rates at 5.2%-5.25% following its December FOMC meeting but indicated at least
Australian REITs Shine in 2023, Singapore Was Second-Best Performing In Asia Pacific Read More »
By Jeroen Vreeker, Managing Director at Global Property Research Jan 3, 2024 – Asia Pacific REITs finished the month on the upside. The GPR/APREA Composite REIT rose 8.3% in December and 2.5% for the 2023 calendar year, respectively. The December 2023 total return performances were representative of the positive momentum with gains ranging from 1.0%
By Patrick Ma, Director of Listed Products, Admiral Investments Dec 8, 2023 – Capital markets staged a strong rally in November after economic data showed that US inflation cooled. Global REITs and Asia Pacific REITs rose 10.5% and 9.3%, respectively, outperforming equities. Investors expected the US Federal Reserve to start cutting interest rates as early
Australian REITs Led Asia Pacific Performance In November On Early Rate Cut Expectations Read More »
Australia (15.7%), Thailand (10.7%) and Singapore (10.3%) did the heaviest lifting By Jerone Vreeker, Managing Director at Global Property Research Dec 7, 2023 – Optimism returned with a vengeance in November 2023, as cooling inflation readings raised expectations for future Fed rate cuts, boosting Asia-Pacific REITs. The GPR/APREA Composite REIT index climbed 9.2% in USD
GPR/APREA Composite REIT Index Soars 9.2% In November 2023 Read More »
November 2, 2023 – A series of rate hikes initiated by the US Federal Reserve in mid-2022 has marked an end to the era of low-interest-rate investing in place since the global financial crisis in 2008. The impact on real estate markets has been significant as many investors moved to the sidelines and others pivoted
November 18, 2023 – CBRE Asia Pacific Cap Rate survey for the third quarter showed that investor risk appetite remains low amid a delayed recovery in investment activity. A majority of respondents expect a recovery from Q2 2024 onwards with the potential for an interest rate cut in the first half of 2024 seen as