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Mutual Funds in India are allowed to hold up to 10% of the units issued by a single REIT. However,  insurance companies in India are allowed to hold a maximum of only 5% of the units issued by a single REIT, provided it is less than 3% of the total investable corpus of the company.

It has been an eventful year so far with the past government being given a fresh and stronger mandate by the country for another term signalling stability of policy direction. A comprehensive analysis of the residential and office market performance across eight cities in India for the period of January – June 2019.

“As India’s logistics sector evolves, we are likely to experience several changes in planning, construction and operations of warehouses in the coming years. All stakeholders, including developers, occupiers, fund providers, project managers and maintenance operators need to put in a consolidated effort to synchronise their isolated preferences.” ~ Ramesh Nair CEO & Country Head India, JLL

In India, Logistic sector is currently passing through a transformation phase. The change is visible in different fronts including development pattern, occupier’s preference, funding structure and technology inclusion in its sub-components. Warehousing rent which accounts for 10 – 15% of total logistic cost is gaining importance as much is optimisation of transportation cost, inventory management, handling, packaging and customer services.

This comprehensive study on the warehousing lifecycle attempts to trace the different elements of warehousing in this changing time. Happy reading! 

The Belt and Road Initiative is helping lift Southeast Asian infrastructure through new ports, railroads and highways. Increased connectivity through shipping and overland trade routes are likely to provide opportunities in the logistics, manufacturing and industrial markets. 

Holding two state elections, handing down the banking royal commission findings and going to the polls for a federal election—all within the space of six months—hasn’t been the ideal the stimulus for a cooler Australian housing market. Although since the Coalition retained power on 18 May 2019— eliminating any changes to negative gearing and capital gains tax—an instantaneous positive sentiment has rippled through the housing market.

Long-term lowering of GDP growth and interest rates in a late-cycle environment are encouraging an increase in cross-border capital flows to both diversify risk and chase enhanced returns. As cross-border investment grows… 

Long-term lowering of GDP growth and interest rates in a late-cycle environment are encouraging an increase in cross-border capital flows to both diversify risk and chase enhanced returns. As cross-border investment grows, we analyse the likely sources and destinations of capital over the coming year.

Commercial real estate investors are rethinking how to generate returns by reinventing unloved assets such as shopping malls. 

We initiate coverage of the J-REIT sector with a selective investment stance toward large investment entities. New coverage includes Nippon Building Fund, Inc. (8951, NBF, N), Japan Real Estate Investment Corporation (8952, JRE, N), and ORIX JREIT Inc. (8954, OJR, OP).

As per data reports, globally real estate remains a principal component of most pension fund portfolios, with 87% of all public and 73% of all private sector pension funds currently investing in the asset class. REITs are seen as a stable investment class. As per APREA’s report on “The Impact of REITs on Asian Economies”, REITs are generally regarded as providing investment characteristics that lie between stocks and bonds. Similarly to bonds, REITs offer a relatively secure and steady income, in the form of dividends derived from rental income.

The GPR/APREA AsiaPac Performance Snapshot tracks the dynamics of listed real estate securities (including REITs) across 12 AsiaPac countries/regions and eight sectors, over multiple time horizons. 

All data in this Snapshot is calculated on a USD denominated basis. The GPR/APREA series is separately available in a country local currency format.

The GPR/APREA AsiaPac Performance Snapshot tracks the dynamics of listed real estate securities (including REITs) across 12 AsiaPac countries/regions and eight sectors, over multiple time horizons. 

All data in this Snapshot is calculated on a USD denominated basis. The GPR/APREA series is separately available in a country local currency format.

  • REITs were the top-performing asset class in December and over a one-year, five-year and 10-year horizon.
  • Malaysia (1.4% total return) was the top performing listed real estate market.

The real estate sector in India is a significant contributor to the country’s overall GDP as well as employment. Given the significant forward and backward linkages that the sector shares with the rest of the economy, investment in the sector has had a significant impact on the entire economy. Since the sector opened its doors for Foreign Direct Investment (FDI) in India in 2005, several foreign private equity players, international developers and lately, long-term institutional capital providers such as sovereign wealth funds and pension funds have invested in this sector.