* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 7, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, UBS Group Analyst Says – MarketBeat

    UBS Analyst Predicts Surge in Micron Technology Stock Price!

    Domo to Participate in the D.A. Davidson Technology Summit – Business Wire

    Domo Set to Shine at the D.A. Davidson Technology Summit!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Entertainment lineup released for 2025 Mississippi State Fair – WAPT

    Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

    After Denzel Washington Said He Would Be In Black Panther 3, Ryan Coogler Explained Why He’s ‘Fine’ With That Information Being Revealed So Early – Yahoo

    Ryan Coogler Shares Why He’s Cool with Denzel Washington’s Black Panther 3 Reveal!

    Traveling Tacos and Tequila Festival to stop at Florence Yall’s stadium this October – Cincinnati Enquirer

    Get Ready for a Flavor Fiesta: Traveling Tacos and Tequila Festival Hits Florence Y’all’s Stadium This October!

    9 things to do this weekend in Lake County plus a look ahead – Leesburg Daily Commercial

    Discover 9 Exciting Weekend Adventures in Lake County and What’s Coming Up!

    Shows to Watch – The Advocate

    Must-See Shows You Can’t Miss!

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

    Fox News Entertainment Newsletter: Celebrities mentioned during Diddy’s high-profile sex trafficking trial – Fox News

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

    Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

    U.S. FDA Grants Platform Technology Designation to the Viral Vector Used in SRP-9003, Sarepta’s Investigational Gene Therapy for the Treatment of Limb Girdle Muscular Dystrophy Type 2E/R4 – Sarepta Therapeutics

    Breakthrough for Gene Therapy: FDA Designates Viral Vector in Sarepta’s SRP-9003 for Limb Girdle Muscular Dystrophy Treatment

    Waunakee Fifth-Graders Dive into the Future at Exciting Tech Day!

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Property Technology Magazine Unveils “PropTech Top 50 Index” and the “2025 PropTech Trends Report – The Great Rebuild.” – Business Wire

    Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, UBS Group Analyst Says – MarketBeat

    UBS Analyst Predicts Surge in Micron Technology Stock Price!

    Domo to Participate in the D.A. Davidson Technology Summit – Business Wire

    Domo Set to Shine at the D.A. Davidson Technology Summit!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

China Jumps to Fourth Spot Among Asian REIT Markets as Mainland Listings Grow

August 11, 2023
in Technology
China Jumps to Fourth Spot Among Asian REIT Markets as Mainland Listings Grow
Share on FacebookShare on Twitter

GLP Park Qingdao Qianwan Port

GLP C-REIT raised fresh cash to acquire GLP Park Qingdao Qianwan Port and two other mainland assets in June.

Mainland China’s pilot infrastructure REIT program grew by 80 percent in value during 2022, propelling the economic giant to the fourth spot among real estate investment trust markets in Asia as many of the region’s more development markets saw steep drops in valuation.

The total market value of the 23 REITs listed on Chinese exchanges (C-REITs) reached $12.37 billion in total market value as of 31 December 2022, accounting for 4.7 percent of Asia’s $264 billion REIT market. This scale moved China up three spots among Asian REIT markets from its seventh place ranking in 2021, according to a report released this week by Cushman & Wakefield.

When China’s first REITs focused on infrastructure assets such as roads and bridges, the catalogue of listed trusts soon expanded to include warehouses and later rental housing. With a recent decision to allow listing of some commercial assets, Cushman & Wakefield’s analysts see opportunity for the market to grow further.

*As China’s public REITs pilot is now expanding to include the retail sector, we can expect the C-REIT market to diversify and further prosper, in turn helping to stimulate consumption and drive domestic demand,” said Andrew Chan, managing director and head of valuation and advisory services for Greater China at the property agency.

Pilot Scheme Expands

There were 17 new REITs listed on mainland exchanges from March 2022 through June of this year, bringing the country to 28 REITs valued at RMB 87 billion ($12.06 billion) as of end June, although this total represented a 10 percent slide from the trusts’ initial issuance value of RMB 97 billion, according to the report.

Andrew Chan, Managing Director, Head of Valuation and Advisory Services, Greater China, Cushman & Wakefield

Andrew Chan, Managing Director, Head of Valuation and Advisory Services, Greater China, Cushman & Wakefield

Just sixteen of the REITs hold real estate assets, including seven industrial park REITs, four affordable rental housing trusts, three logistics vehicles, and two dedicated to manufacturing facilities.

By average distribution yield, a metric used to measure REIT performance, the trusts improved to an average of 4.2 percent by the end of June from just 3.3 percent a year ago when there were only nine active vehicles.

“The overall infrastructure REIT market in mainland China experienced stable development in 2022, demonstrating continued popularity with investors,” Cushman & Wakefield said, adding that the emergence of the C-REIT regime has altered the REIT market region-wide.

China REIT Gathers Steam

The mainland REIT regime has rapidly grown in favour with corporate giants and property investors active in China as a fresh avenue for getting capital back out of their existing properties.

Among the players entering the market recently is JD Property which co-sponsored Harvest & JD Storage Logistics REIT. The trust had a RMB 1.76-billion IPO on the Shanghai stock exchange in February.

In June, GLP C-REIT, the first logistics trust to list on the Shanghai bourse, successfully raised RMB 1.85 billion in a follow-on equity offering to fund its acquisition of three facilities from its sponsor, Singapore-based GLP.

DNE Group, a new economy infrastructure specialist backed by Warburg Pincus, was also among the early entrants to the market with the debut of its D&J New Economy Industrial Park REIT on the Shanghai stock exchange last year.

Hong Kong-listed logistics giant ESR, also backed by Warburg Pincus, is in the process of applying for a C-REIT that will initially hold three of its logistics assets in eastern China’s Jiangsu province.

Valuations Slide

China’s REIT market trailed only Japan, Singapore and Hong Kong in Cushman & Wakefield’s regional rankings for 2022 with those three countries accounting for a combined 80 percent of the region’s REIT value. The big three maintained their dominance despite rising interest rates and heightened economic uncertainties which have caused their combined REIT markets to shed some $45 billion in combined value last year.

During 2022 the pan-Asian REIT market suffered a 14.7 percent drop in market valuation from a year earlier, mainly due to a surge in financing costs and the lingering effects of the COVID-19 pandemic on commercial and hotel assets, according to Catherine Chen, capital markets research for Asia Pacific at Cushman & Wakefield.

“However, these headwinds are becoming increasingly offset by growing market attention to new economy sectors, including modern logistics facilities and data centers, as well as living sectors, extending from multifamily assets to senior care facilities,” Chen added.

Japan maintained its spot as Asia’s largest REIT market with a market worth $120.89 billion across 61 trusts as of end-2022. Despite that valuation being down 18 percent from a year earlier, the country still accounts for 46 percent of the region’s REITs by value.

After sliding 14 percent in value during 2022 the Singapore bourse still ranked second in Asia with its 40 listed REITs combining for a value of $73.13 billion, which was equivalent to 27.7 percent of the regional market.

During 2022 Hong Kong’s 11 publicly traded REITs declined to $24.17 billion in value, which was down 20 percent from a year earlier, but still sufficient to make the city’s stock exchange home to 9.2 percent of Asia’s REIT market.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MingTiandi – https://www.mingtiandi.com/real-estate/research-policy/china-jumps-to-fourth-spot-among-asian-reit-markets-as-mainland-listings-grow/

Tags: ChinaJumpstechnology
Previous Post

Best Internet Providers in Asheville, North Carolina

Next Post

ARM’s Cortex A710: Winning by Default

Drought expanded to 19 more watersheds – Washington State Department of Ecology (.gov)

Severe Drought Worsens: 19 Additional Watersheds Affected!

June 7, 2025
CULT Food Science Closes Debt Settlement – TradingView

CULT Food Science Closes Debt Settlement – TradingView

June 7, 2025
Harmony Public Schools’ science-focused campus to open soon at City Place – Community Impact

Harmony Public Schools’ science-focused campus to open soon at City Place – Community Impact

June 7, 2025
Ladies Lifestyle Network cuts ribbon – haysfreepress.com

Ladies Lifestyle Network cuts ribbon – haysfreepress.com

June 7, 2025
Watch fans celebrate as Uzbekistan secures debut World Cup qualification – CNN

Watch fans celebrate as Uzbekistan secures debut World Cup qualification – CNN

June 7, 2025
Dollar advances against peers after strong US economic data – Reuters

Dollar advances against peers after strong US economic data – Reuters

June 7, 2025
Entertainment lineup released for 2025 Mississippi State Fair – WAPT

Exciting Entertainment Lineup Unveiled for the 2025 Mississippi State Fair!

June 7, 2025
Water-cleaning bacteria can produce health, economic benefits – ASU News

Revolutionary Water-Cleaning Bacteria: Unlocking Health and Economic Benefits!

June 7, 2025
The end of the affair? – The Economist

Is This the Final Chapter of Their Love Story

June 7, 2025
Fire Tech Brief: 5 Fire Apparatus Technology Upgrades – firehouse.com

Revving Up Safety: 5 Innovative Upgrades for Fire Apparatus Technology

June 7, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (673)
  • Economy (687)
  • Entertainment (21,593)
  • General (15,267)
  • Health (9,728)
  • Lifestyle (690)
  • News (22,149)
  • People (688)
  • Politics (694)
  • Science (15,905)
  • Sports (21,190)
  • Technology (15,672)
  • World (672)

Recent News

Drought expanded to 19 more watersheds – Washington State Department of Ecology (.gov)

Severe Drought Worsens: 19 Additional Watersheds Affected!

June 7, 2025
CULT Food Science Closes Debt Settlement – TradingView

CULT Food Science Closes Debt Settlement – TradingView

June 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version