REITs are becoming more prevalent across Asia, and this will contribute towards improving liquidity for commercial properties in the region, says Morgan Stanley.

A research report published by the investment bank notes that the Asian REITs market is gaining momentum, especially in 2019.

India has launched its first REIT, while Singapore sovereign wealth fund GIC is said to be in collaboration with Chinese shopping mall operator Grandjoy to pilot China’s first publicly listed REIT, said Morgan Stanley on 29 April, citing media reports from the previous week.