Industrials Led Gains As Asia Pacific REITs Rebound
China gained 16.2%, Hong Kong up 14.0% and Australia 10.1%. Thailand (9.8%), Malaysia (9.4%), Singapore (9.2%), Japan (6.6%) and Taiwan (1.6%) also recorded wins.
By Jeroen Vreeker, Managing Director at Global Property Research
Dec 3, 2022 – The GPR/APREA Composite REIT Index rebounded with strong gains, rising 8.8% in November, but underperforming equities, which returned 15%.
The industrial sector registered the most gains, up 10.7%, followed by diversified assets which climbed 8.8%.
In terms of regional performance, China gained 16.2%, Hong Kong up 14.0% and Australia 10.1%. Thailand (9.8%), Malaysia (9.4%), Singapore (9.2%), Japan (6.6%) and Taiwan (1.6%) also recorded wins.
The table below shows the total return performances realized 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 | 4.5% | 2.2% | 3.7% | 8.8% |
All sectors registered gains.
| DIV | HCR | HOT | IND | OFF | OTH | RES | RET | |
| GPR/APREA Composite REIT Index | 8.8% | 5.8% | 5.2% | 10.7% | 6.1% | n/a | 7.5% | 9.7% |
