APREA 徽标

知识中心

  • 疫情的影响波及全球,经济动荡的余波如今已蔓延至世界各地,消费、旅游业和供应链均受到冲击。金融市场波动性也随之加剧,2020年全年股市持续下跌。.
  • 尽管 REITs 也未能幸免于当前的抛售潮,但最近的价格下跌提高了该地区 REITs 的分配收益率,根据 GPR/APREA 综合 REIT 指数,2 月份的分配收益率从 1 月份的 4.0% 升至 4.4%。.
  • 从历史数据来看,房地产投资信托基金(REITs)的长期收益波动性较低,这得益于其稳定的股息支付。主要原因是其整体业绩,尤其是办公和工业地产的业绩,与相对长期的租赁合同密切相关。.

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.

  • 中国房地产上市股票在2月份反弹并表现最佳。政府为遏制冠状病毒爆发做出的突破性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。
  • 由于地震继续控制市场,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,最早时间可能会推迟到2021年。
  • 马来西亚上市房地产股票在中小型市场中表现最佳,其房产投资信托基金领先于亚太房地产投资信托基金。前总理马哈蒂尔(Mahathir Mohamad)辞职后,马来西亚新总理穆希丁(Muhyiddin Yassin)宣誓就职。
     

• 中国上市房地产股2月份强势反弹,创下历史最佳表现。政府为遏制新冠疫情所采取的史无前例的措施提振了投资者信心。预计后续的财政和货币刺激措施将进一步提振消费者和企业信心。.

• 由于市场持续动荡,日本上市房地产股票(包括房地产投资信托基金)受到的冲击最大。国际奥委会宣布,由于新冠肺炎疫情,2020年东京夏季奥运会将延期举行,很可能推迟到2021年。.

• 马来西亚上市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(REITs)更是领跑亚太地区REITs。这一优异表现紧随穆希丁·亚辛接任总理之后,此前马哈蒂尔·穆罕默德博士辞职。.

The APREA-Preqin Quarterly Monitor uses interactive infographics to showcase the performance of closed-end private real estate funds focused on Asia-Pacific (APAC). Benchmark your APAC- or global focused funds against those of your peers, see how fund performance has evolved over the past decade and analyze fund returns based on different vintage years and strategies.

Preqin captures performance data from a variety of sources including direct contributions from institutional investors and fund managers, as well as the latest financial reports, public filings and annual reports. The Index is updated as of Q2 2019, and will be refreshed every quarter (early October, January, April and July) with a six-month lag to ensure figures are meaningful. Vintage analyses are based on the most up-to-date data collected by Preqin as of December 2019.

Since each VPO is expected to conduct an examination of a member prior to issue of a certificate of practice, the Registration Authority may recognise the examination conducted by the VPO, dispensing with the need for the Valuation Examination in terms of Rule 5(1) (a) to be conducted by the Registration Authority.

The Finance Bill 2020 proposes to levy tax on the dividend paid by InvITs/ REITs to the unitholders in the hands of the unitholders, which was until this proposed amendment exempt from tax. An efficient tax structure provided under the Income Tax Act 1961 enabled the successful listing of two public InvITs in 2017, two privately placed but listed InvITs and India’s first REIT in April 2019 which attracted investment from large long-term foreign investors and also domestic institutional investors.  

印度证券交易委员会(SEBI)于2014年9月推出了房地产投资信托基金(REIT)监管条例(“REIT监管条例”)。根据仲量联行(JLL)的研究,印度超过5亿平方英尺的A级办公空间中,有2.94亿平方英尺的办公空间符合REIT的设立条件。这将带来350亿美元的潜在投资。.

为帮助房地产企业控制影响、做好持续发展规划、完善风险管理机制和提升企业管理水平,毕马威凭借多年来负责服务房地产企业财务税务领域的专业经验,梳理了房地产企业近期应重点控制的财税问题和急需开展的管理工作,供房地产企业业务、财务总监及财务人员参考。.

  • 尽管由于COVID-19带来的不确定性导致亚洲股市普遍下跌,但亚太REIT仍保持弹性,在1月获得1.8%的收益回报率。随着供应链中断的业务影响,亚洲中央银行正在积极调整战略去应对病毒所带来的负面经济影响,例如泰国银行在2月5日采取降息措施去减少病毒对经济的负面影响。
  • 澳大利亚和日本上市的房地产股票和房地产投资信托基金是该地区大型市场中表现最好的股票,而印度房地产股票在中小型市场中表现最好。
  • 在中国,COVID-19所带来的对印度的影响明显。部分城市阿封锁状态,消费者被迫留在国内,许多业务链被迫中断。中国人民银行和财政部已宣布了各种措施打响经济保卫战。2月12日,上海、西安、南昌推出了针对友好的政策,旨在缓解其流动性压力。