Institutional Real Estate Asia Pacific

June 1, 2024: Vol. 16, Number 6

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From the Current Issue

Asia Pacific

Qantas Super to invest in agriculture investor GO.FARM

Qantas Super, an Australian superannuation fund exclusively for Qantas Group, plans to invest A$200 million (US$130 million) in agriculture investor GO.FARM to transform underutilised agricultural land into horticultural projects in New South Wales’ Riverina, northern Victoria and other parts of Australia.

Asia Pacific

Listed sector flat in Q1 2024

Asia Pacific real estate securities closed the first quarter of 2024 0.45 percent higher, predominantly attributable to a 4.91 percent gain in March 2024, which brought the total return performance for the past 12 months to 2.45 percent in US-dollar terms, according to the GPR/APREA Composite Index.

Asia Pacific

A-REITs outperform in Q1 2024

The Australian REIT sector delivered a strong return in the first quarter of 2024, with a total return of 16.8 percent, outperforming the broader market, which saw a 5.3 percent return.

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