Connect with us on
Connect with us on
We expect a global economic recession to eventuate. The key question is how quickly the economy bounces back. This mostly depends on how rapidly COVID-19 is contained. We believe that real estate in general will see strong investor support in the medium term due to the increased need for yield alternatives given record low bond yields on one hand, and, even if the equity market bounces back, a desire for stable asset classes on the other.
Download the Report Read MoreThe first couple of months of 2020 have been dominated by fears of the novel coronavirus’s impact on global economies and property markets. Historically, investors tend to become more cautious in their investment choices during periods of heightened uncertainty, and this year has been no exception in the Asia Pacific region. However, a closer analysis of Real Capital Analytics data shows that investor risk aversion had already been growing over the prior months.
Download the Report Read MoreFor commercial real estate, the price declines needed to inspire buyers to come back to the market need not be as extreme as the 22% drop in the RCA CPPI seen from ’07 to ’10 during the Global Financial Crisis. Consider the office market in Manhattan in 2017. The top of the bidder pool disappeared as Chinese investors stepped away from the market and office sales plummeted as buyers and sellers wondered where the bottom would be found. A 20 bps change in cap rates, though, was enough to inspire buyers to come off the sidelines.
Download the Report Read MorePlease find below the constituent changes to the GPR/APREA Indices, which will become effective as of 23 March 2020 (start of trading):
Download the Report Read More在全球金融危机之后（2009年及之后）开始投资 的基金所获得的回报（从净内部收益率和净倍数 来看）都比之前的基金大得多。较新年份的基金 仍处于其基金生命的早期，因此这些年份的数字 可能会随着基金的成熟而发生变化。
