FTSE ST REIT Index increased slightly from 835.40 to 854.51 (+2.28%) on the month update. REIT Index has rebounded circa 45% as of 12 September from the bottom on 23 March 2020. Yield spread (reference to ten-year Singapore government bond of 0.882%) has decreased slightly from 5.665% to 5.608%. The risk premium is still attractive to accumulate […]
Asia Pacific’s real estate focused stocks outperformed in August, edging ahead of the wider market. This was led by the wider GPR/APREA Composite Listed Real Estate Index, which returned 5.8%, powered mainly by the Australian and Japanese markets. This more than offset the stall on China’s stocks, which remained largely flat after enjoying a strong […]
Hoteliers from Venice to Malaysia are paying a heavy price as their guest rooms languish emptily, but the locals can at least enjoy the return of some serenity. ‘What news on the Rialto?’ asks a character in The Merchant of Venice. As ever, Shakespeare plunges his audience into the central marketplace of the action, where […]
FTSE ST REIT Index has little changes from 837.43 to 835.40 (-0.35%) on the month update. REIT Index has rebounded c43% as of July 12 from the bottom on Mar 23, 2020. Yield spread (reference to 10-year Singapore government bond of 0.895%) has has increased from 4.414% to 5.665%. The risk premium is still attractive to accumulate Singapore […]
The disruption and uncertainty permeating Australia’s economy as a result of the COVID-19 pandemic will mark the local housing market for some time to come. Demand in the market is always a challenge to predict and even more so given the rapid change in the factors that traditionally influence the market in recent months. During […]
With zero cases of Covid-19 in the community, New Zealand is one of the very few countries where life has returned to normal. After two months of lockdown, the country’s property market is demonstrating healthy market dynamics on its road to a true V-shaped recovery — and serves as an interesting comparison to the U.S. New Listings […]
FTSE ST REIT Index up 823.64 to 837.43 (+1.67%) on the month update. REIT Index has rebounded c43% as of July 12 from the bottom on Mar 23, 2020. Yield spread (reference to 10-year Singapore government bond of 0.896%) has tightened from 5.47% to 4.414% due to cut in dividend yield. The risk premium is still attractive […]
As we sift through the data, we found a few pleasant surprises. So far we have had housing market data for April and May, and only a very limited look at June. April’s lockdown and the rollback of social distancing measures over May generated significant distortion to the data. As would be expected, house sales […]
Last month WeWork surveyed the heads of real estate from 69 global corporations asking how they envisioned the world of work in this new COVID-19 age. Three themes emerged: + Acceleration of how flex space might be utilised + Optimising existing portfolios + Leveraging data to offer employees a greater range of working choices These results are perhaps […]
* FTSE ST REIT Index up 745.45 to 823.64 (+10.49%) on the month update. * Index has rebounded c41% as of June 12 closed after hitting the recent high of 878 (c.50% rebound from the bottom). * Yield spread (reference to 10-year Singapore government bond of 0.981%) has tightened from 6.97% to 5,47%. * The risk premium […]
