China is close to launching nine infrastructure REITs to finance national infrastructure projects (eg, industrial parks, warehouses, tollways, sewage plants) for the first time, with an estimated market capitalisation of US$4.7b by May 2021. These nine China REITs (C-REITs) are allowed to be sold and traded on both the Shanghai Stock Exchange (five REIT equities) […]
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased slightly from 859.68 to 865.91 (+0.72%) compared to last month’s update. Currently the Singapore REIT index is still trading with a range between 816 and 874. Yield spread (in reference to the 10-year Singapore government bond of 1.551%) continues to tighten from 4.08% to 3.809%. […]
China is huge: 1.4 billion people live in a country covering 3.68 million sq mi, with over 850 million people living in cities. Half of this urban population resides in roughly 130 metropolises with more than a million inhabitants. Thirty metropolises alone have more inhabitants than Berlin. In fact, Shanghai itself has almost seven times […]
President Joe Biden delivered a speech to a Joint Session of Congress on 28 April 2021, where he made the following remark that should be seen as a red flag: “America is moving – moving forward – but we can’t stop now. We’re in competition with China and other countries to win the 21st century. […]
Extraordinary government support for REITs is boosting economies across the region. Economic recovery is beginning for most of the Asia-Pacific region, with stock markets now much more resilient in the early stages of reopening than had been predicted. It is not a completely unexpected outcome, despite the continued uncertainty regarding the development and timing of […]
