After recovering over the past two months, Asia Pacific property stocks retreated in May, as developers weakened on a generally more conservative, “risk-off” mentality by investors. During May, Asia Pacific property stocks lost 0.83 percent in comparison to a meagre 0.1 percent positive return for global property stocks. As such, the Asia Pacific region is now marginally up 2.2 percent for the year, which remains ahead of global property stocks, at –1.1 percent. While the listed property sector has continued to battle the spectre of higher interest rates over the past few years, the continued support the stronger global economy has given real estate fundamentals has not been lost. If the partial second-quarter results hold through June, the Asia Pacific property sector will have posted positive returns for six consecutive quarters, with only two negative-performance quarters since 2014 (with returns based on S&P Global Intelligence data, with quoted country returns in loca