GPR/APREA Composite REIT Index Sets All-time High, Adding 1% In August
HealthCare was the best-performing sector with a 3.2% gain
By Jeroen Vreeker, Index Analyst for Global Property Research
Asia Pacific REITs rose 1.0% in August 2021 with the GPR/APREA Composite REIT Index setting another all-time high. Further to its seventh consecutive month of gains in USD terms, the benchmark containing the broadest composition of regional REITs closed at 877.57.
Asia Pacific REITs did however underperform regional equities, which gained 2.5%. 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 | 1.5% | 1.1% | 1.1% | 1.0% |
HealthCare was the best-performing sector with a 3.2% gain, Office (-0.2%) and Hotel (-0.5%) recorded marginal losses:
| DIV | HCR | HOT | IND | OFF | OTH | RES | RET | |
| GPR/APREA Composite REIT Index | 0.7% | 3.2% | -0.5% | 2.8% | -0.2% | n/a | 1.9% | 0.9% |
No changes occurred in the composition, as a result of which the GPR/APREA Composite REIT Index continues to contain 177Asia Pacific REITs with a combined free float market capitalisation of US$45.6 billion as at August 31, 2021.
Please find below the performances in USD terms of the GPR/APREA Composite REIT Index and country sub-set indices:
