Spring REIT property, Huamao Place. (Photo: Huamao Group)Spring REIT property, Huamao Place. (Photo: Huamao Group)

Asia-Pacific-listed REITs have outperformed broader equities in the region for January 2019, according to data compiled by Global Property Research (GPR).

As measured by the GPR/APREA Composite REIT Index, which tracks 166 listed entities across the Asia-Pacific bourses, REITs in the region reported a 7.5% gain in USD terms for the month.

This performance trumps other barometers in the region, including the Straits Times Index, which returned just 0.04%, and the MSCI AC Asia Pacific Index adding which gained some 6.8% over the same period.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.