REIT markets post double digit positive returns

Attributed to the REIT model’s resiliency, real estate investment trusts are what's giving the property investment sector its way out of the economic downturn.

According to an Ernst & Young report entitled Against all odds: Ernst & Young’s Global REIT Report 2010, Asian REITs in particular significantly outperformed other regions. "The turnaround in the global REIT market in 2009 is best shown by the fact that all REIT markets – except Japan – saw double digit positive returns for the year," said Liew Choon Wai, Assurance Partner and Singapore Real Estate Leader, Ernst & Young LLP.

Liew added, "Asian REITs performed well as a region because the Asian economies have generally been more resilient to the financial crisis, underpinned to some extent by China's economic performance and favorable long-term growth outlook. The performance of each country's REIT market appears to reflect the broader economic sentiment."

Particularly for Singapore, “The economy was seen as particularly vulnerable during the financial meltdown, and it was not surprising that we saw a plunge in REIT returns in 2008 to early 2009, which has subsequently rebounded strongly since March as financial markets stabilise," commented the Singapore Real Estate Leader.

REITs gave investors an opportunity to quickly adjust their exposure to real estate by selling REIT stocks and are now providing investors with a way to capture the market rebound by adding real estate stocks back into their portfolios, according to the report.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia