Thomson Reuters, Global Property Research (GPR), and Asia Pacific Real Estate Association (APREA) have announced the launch of the Asia Pacific Real Estate Composite Indices.
Thomson Reuters, Global Property Research (GPR), and Asia Pacific Real Estate Association (APREA) have announced the launch of the Asia Pacific Real Estate Composite Indices.
The Thomson Reuters/GPR/APREA Composite Indices are designed to be the most comprehensive listed real
estate benchmark available for the Asia Pacific region, striking a balance between 'income' and 'growth' companies. The partners say this recognises the importance of developers in the Asian market.
The indices cover a broader set of countries than available elsewhere, 13 in total.
'The index family supports APREA’s vision to give Asian real estate more visibility through indices and give appropriate recognition to the significant position that Asia now occupies in global institutional investment,' the organisation said in a statement.
'With real estate equity returns outperforming conventional equities in Asia Pacific, the sector is enjoying a revival and increased investment,' added Lucas Garland, head of indices product management at Thomson Reuters.