Because Asia-Pacific economies are highly interdependent, one question that investors often ask when we discuss an Asia-Pacific REIT strategy is whether a regional real estate strategy provides enough diversification.
On 29 March, British Prime Minister Teresa May officially triggered Article 50 of the Lisbon Treaty. This started the process for the United Kingdom to leave the European Union.
After years of waffling over economic progress and devising reason after reason not to hike, Chairwoman of the Federal Reserve Janet Yellen is finally ready to pull the trigger.
Recently, two major real estate consultancies, in their recently published research reports, have forecasted that the Singapore property market may see further correction in 2017, and the consultancies believe that this may prompt the government to scale back its property cooling measures.
One feature of Asian cities is its density. Over the same land area, typically an Asian city will serve a larger population than cities in North America or Europe. A major reason for this development is the favourable precedence created by Japan and the Asian Tigers.
Admiral Investment has recently published its 2017 Outlook, and our top call was Australian REITs and rental real estate. We base this view on two themes that we expect to gradually play out in 2017.
The surprise victory of Donald Trump has led many investors to rethink their investment outlook. Trump’s victory was underwritten by voters who have been proportionally affected by the side-effects of global trade.
In recent years, we have observed the rise of leveraged portfolios, especially those with an income-yielding component. Responding to investor queries, we have recently analysed the investment merits of a geared portfolio based on Asia Pacific REITs. We created a base portfolio, using a 50:50 split between Asia Pacific REITs and Asia Corporate Bonds.
Since July 2016, our firm has noticed that internationally-minded investors have taken a renewed interests in Asian real estate. Recent data from both Hong Kong and Singapore real estate developers suggest that home sales are picking up.
One sign of a Real Estate Investment Trust (REIT) market reaching maturity is the ability of existing REITs in raising significant capital for new acquisitions. Using this metric, the recent deal completed by Mapletree Commercial Trust - where it raised $1 billion for acquisitions - certainly adds to the track record of the Singapore bourse.