The GPR/APREA Asia Pacific Performance Snapshot tracks the dynamics of listed real estate securities (including REITs) across 12 Asia Pacific countries, and eight sectors over multiple time horizon.
The following asset classes are covered:
Listed real estate (including REITs): GPR/APREA Composite Index
Mainland China listed real estate stocks led the larger property markets in November. Chinese investment into real estate grew 10.2% in the first 11 months, with residential property investment increasing 14.4% annually. (Source: China National Bureau of Statistics)
Malaysia’s listed real estate equities and REITs were top performers among mid and smaller markets. Malaysia's budget for 2020 tabled in October pointed to two positive signs for real estate: the reduction of the Real Property Gains Tax (RPGT) for property acquired before 2013 and the depletion of foreigners’ minimum acquisition value threshold for primary high-rise residential property ownership.