Market Data Vault

⦁    在2019年第三季度，全球投资者共计投资近80亿美元流入亚太地区。
⦁    在第三季度，亚太地区跨境资本的百分比在一年的时间内跃升至36％达到十年最高点。
⦁    国内资本投资最近四个季度连续下降。
 

• 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.

• 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.
• Australia’ s REITs recorded the strongest regional performance in November and on a one-year rolling basis. Notably, the residential property market has emerged from its correction. Home prices were up1.7% in November, the largest gain since 2003. Sydney and Melbourne led the rebound, with home prices rising 2.7% and 2.2%, respectively.

• Mainland China listed real estate stocks outperformed the broader market in October. Its property market partly benefited from looser policy actions. Additionally, there were some fine-tuning of policies towards easing at the city level while some developers offered price discounts to move sales during “Golden September, Silver October” peak season.
• J-REITs continued to lead the larger REIT markets, posting the highest returns in October and on a one-year rolling basis.
• Taiwan’ s REITs were top performers among smaller REIT markets. Taiwan’s strong GDP upturn provided a positive backdrop for real estate investments. The “Action Plan for Welcoming Overseas Taiwanese Businesses to Return to Invest in Taiwan” attracted capital investments into Taiwan. Taipei’s office vacancy rate is at its lowest level since 2009, helped by the paucity of new supply.

• 中国大陆上市的房地产股票在十月份跑赢大盘，其房地产市 场部分得益于宽松的政策。此外，一些城市采取了因地制宜 的调控政策措施，同时一些开发商在“金九，银十”旺季期间 提供价格折扣以推动销售。
• 日本REITs继续领先于较大市值的REIT市场，在10月份以及 过去一年中都取得了最高的回报率。
• 台湾的REITs在市值相对较小的REIT市场中表现最佳。台湾 强劲的GDP增长为房地产投资提供了积极的大环境。 “欢迎 海外台湾企业重返台湾行动计划”吸引了资本投资台湾地区。 由于缺乏新的供应，台北的办公室空置率处于2009年以来的 最低水平。

• 今年第三季度，亚太区主要购物中心的零售租金保持稳定。 亚太零售租金指数在上一季度 增长了0.1％。
• 亚太住宅市场呈混合趋势。马尼拉在今年和去年第三季度其季度 价格增长最高。
• 总部位于班加罗尔的房地产公司Embassy Property Developments计划向印度大使馆办公房地产 投资信托基金出售650亿卢比，作为印度第一家上市房地产投资信托基金。
   

• 在第二季度，亚太地区跨境资本的比例从2019年第一季度的41％下降至30％。其背后的主要驱动力是美国和欧洲企业的增长放缓。
• 新加坡成为该地区最大的亚洲投资地区，其次是中国。
• 随着基本面的改善，泰国的房地产市场将继续保持其增长轨迹，但同时伴随着新的抵押贷款法规和国际入境人数增长放缓等挑战。

全球经济同步放缓，关税不确定性和地缘政治风险是8月份的核心主题。亚洲房地产投资信托基金继续击败大盘，八月份的总收益增长了1.8％，其稳定的收益率仍然吸引着投资者。在物流和电子商务的推动下，工业房地产投资信托基金表现最好。

ENG- Synchronized slowdown in global economies, tariff uncertainty, and geopolitics were key macro themes in August.  Hence, stable yields remained an investor draw, with Asian REITs continuing to beat the broader market, with total returns up by 1.8% in August. Industrial REITs, fueled by logistics and ecommerce, fared the best.

• 作为世界上最大的数据存储库，新加坡已成为全球流行的数据投资中心。新加坡数据存储房地产投资信托基金提供了诱人的收益，例如Keppel DC REIT 向投资者提供了高达51％的收益。
• 2009年菲律宾国会已通过房地产投资信托基金法律，但是由于法律限制较多，一直未有房地产投资信托基金进行上市。今年政府已同意放宽该法律的限制性规定。期待已久的第一支菲律宾房地产投资信托基金即将在年底前上市。

• 在日本房地产基本面强劲的背景下，日本房地产股票继续跑赢亚太其他国家。新西兰也继续受到投资者的关注，其房地产市场显示出令人鼓舞的增长迹象。
• 日本REITs和泰国REITs在9月份及过去的一年中也表现最佳。日本银行将继续购买日本REITs作为其刺激计划的一部分，将继续对日本REIT市场形成良好的支撑。
• 新加坡REITs也因其离岸扩张而备受关注，今年迄今为止购买了创纪录的27亿美元资产，因此使其成为全球房地产投资信托基金中拥有最大跨境支出的国家。