According to NPR, Ant Group, a massive Chinese financial technology company, was suddenly halted from listing on the Shanghai Stock Exchange just days before its IPO date. NPR reports: “What was supposed to be the world’s largest initial public stock offering has been halted at the last minute. The Chinese financial company, Ant Group, was […]
The covid-19 pandemic has afflicted India with its biggest economic shock since the oil crises of the 1970s. The Indian economy, among the world’s fastest-growing emerging markets four years ago, contracted by a ghastly 24% in Q2 2020 and could even end the year shrinking by 7%, among its worst performances since the Great Depression when […]
I believe it is now time to bottom fish in Singapore property developers and selected REITs on SGX. Why? One, Singapore benefits from US supply chain reconfigurations away from China and Hong Kong’s pro-democracy political unrest. Two, Singapore is the world’s best governed, least corrupt, most technologically advanced city state that has attracted the crème […]
Asia Pacific property stocks lost ground in September as risk aversion gripped investors, ahead of a US presidential election and continued concerns that a global economic recovery remains volatile. Investors went on the defensive, even as the region remains on a stronger footing. Markets in Asia, as tracked by the MSCI AC Asia Pacific Index […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker reflects on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal blood […]
FTSE ST REIT Index decreased slightly from 854.51 to 822.03 (-3.80%) on the month update. REIT Index has rebounded by about 45% as of 21 September from the bottom on 23 March 2020. Yield spread (reference to 10-year Singapore government bond of 1.0%) has widen slightly from 5.608% to 5.82%. The risk premium is still […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker reflects on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal blood […]
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 […]
Industrial and logistics (I&L) REITs in the Pacific Rim played an added-value and strategic role in multi-asset portfolios, according to our new analysis published in the Journal of Property Investment & Finance. E-commerce is driving an increased level of industrial and logistics property space demands. This trend has been amplified by the covid-19 pandemic. To […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker will reflect on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal […]
