Connect with us on

LinkedIn YouTube Facebook Twitter Instagram WeChat
overlay-stripes
  • The impact of the pandemic has been pervasive with economic dislocations now reverberating across the world, hitting consumption, tourism, and supply chains. Financial market volatility has also increased with equity prices dragged lower through 2020.
  • While REITs have not been spared in the current selloff, the recent price drops have upped the distribution yields of the region’s REITs, which rose to 4.4% in February, from 4.0% in January, according to the GPR/APREA Composite REIT Index.
  • Historically, returns for REITs have demonstrated lower volatility over the longer term, supported by their stable dividend pay-outs. The main reason is that the overall performance, especially for office and industrial, is tied to relatively long-term leases.

 

Download the Report Read More
  • COVID-19: Comparable to GFC shock and bigger, but unlike GFC, is a socio-biological calamity-driven stress and  has  engulfed the entire world. Damage is physical and psychological.
  • Global economic decline projected in upcoming quarters- loss of investor confidence, consumption slowdown, loss of jobs (World GDP growth could even fall to 0% in initial two quarters of 2020, on the lower side*).
  • Post COVID-19, however, the world to witness large-scale transformation and business boost.
Download the Report Read More

Heightened political tensions, along with the weak economy and the lingering impact of the COVID-19 pandemic, continued to affect business sentiment. Office tenants remained cautious and continued to seek downsizing and other cost-saving options, resulting in a 30% reduction in monthly rental costs because of downsizing and relocation since January 2020. In some sectors, such as banking and finance, office tenants put their plans on hold. Recent news about MNCs surrendered Grade-A office space highlighted the challenges office landlords face.

Download the Report Read More
  • 中国上市房地产股票在2月份反弹并创下最佳表现。政府为遏 制冠状病毒爆发所做的前所未有的努力从而增强了投资者的信 心。预计中国将采取更多的财政和货币刺激措施,以增强消费 者和企业的信心。
  • 由于动荡继续控制市场,包括REITs在内的日本上市房地产股 受到的冲击最大。国际奥委会宣布,由于新型冠状病毒 COVID-19的影响,东京2020年夏季奥运会将推迟,预计时间 可能会推迟到2021年。
  • 马来西亚上市的房地产股票在中小型市场中表现最佳,其房地 产投资信托基金领先于亚太房地产投资信托基金。在前总理马 哈蒂尔(Mahathir Mohamad)辞职之后, 马来西亚新总理穆 希丁(Muhyiddin Yassin)宣誓就职。
     
Download the Report Read More
•   Chinese listed real estate equities rebounded and recorded the best performance in February. The unprecedented effort from the government to contain the coronavirus outbreak has buoyed investor confidence. Additional fiscal and monetary stimulus measures are expected to strengthen consumer and business sentiment.
•   Japan listed real estate stocks including REITs were the hardest hit as volatility continued to grip the markets.  The International Olympic Committee announced that the Tokyo 2020 Summer Olympic Games will be postponed because of the COVID-19 pandemic and the games are likely be pushed to 2021.
•   Malaysia listed real estate equities were top performers among mid and smaller markets, with its REITs leading the Asia Pacific REITs. This performance comes on the heels of the recent appointment of Prime Minister Muhyiddin Yassin, following the resignation of Dr. Mahathir Mohamad.

Download the Report Read More