Publications

- May 1, 2013: Volume 5, Number 5

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

J-REITs continue making steady gains in March

by Christopher Hartung

Asia Pacific listed real estate companies were up slightly in March, posting returns of 0.3 percent, according to SNL Financial, with regional returns denominated back to US dollars and country returns in local currency.

While overall regional performance has been lacklustre for the past two months (–0.4 percent in February/March combined), the aggregate masks substantial performance differentials between countries, and between REITs and developers, as a mix of positive and negative government policy measures have created country- and structure-specific performance volatility. From January through March, Asia Pacific listed real estate companies (up 4.9 percent) have lagged global real estate (up 5.8 percent).

Among the major countries, Japan remains on a torrid pace, up 19 percent in March and 35.2 percent for the first three months of 2013, as the market is soaring on massive government stimulus measur

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy