Thomson Reuters Launches Investable Real Estate Benchmarks for Asia Pacific Region
(Thomson Reuters ONE) -
Regional real estate indices for the top 100 regional property developers and
REITs developed by Thomson Reuters, Global Property Research and Asia Pacific
Real Estate Association
SINGAPORE, June 24, 2013 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, Global Property
Research (GPR), a real estate index specialist, and Asia Pacific Real Estate
Association (APREA), which represents and promotes the real estate asset class
in the Asia Pacific region, today announced the launch of two investable Asia
Pacific Real Estate Indices - based on the TR/GPR/APREA Composite index family
launched earlier in the year.
The Thomson Reuters GPR/APREA Investable 100 and Investable REIT 100 indices
have been developed with leading investors in Asia Pacific real estate. They
reinforce the three parties' commitment to provide a comprehensive suite of
property benchmarks for Asia Pacific investors exposed to various levels of
liquidity, and support Thomson Reuters vision to connect and enable the global
financial community.
The new real estate indices cater to the needs of investors who include both
developed and emerging market focused property developers and REITs in their
portfolios, but who typically do not invest in companies which are traded less
frequently and have lower market capitalizations.
The new indices are differentiated from other investable real estate indices in
the following ways:
1. The index rules are designed and maintained by a committee of Asia Pacific
property specialists and investors, but implemented independently by Thomson
Reuters
2. They include both developed and emerging market property companies under the
same rules rather than having separate indices for each
3. They include both high growth Asian developers as well as traditional high
dividend yielding companies
The Thomson Reuters/GPR/APREA Investable 100 indices are based on the total
return of Asia Pacific property stocks and include the top 100 tradeable stocks
weighted by free-float market capitalization in a way that represents the return
characteristics of the overall Asia Pacific property stock sector.
"With continued interest in Asia Pacific Real Estate index products for
benchmarking and investment product development, we are delighted to strengthen
our collaboration with GPR and APREA , said Jason du Preez, head of indices at
Thomson Reuters. "Our first release has already been very well received and we
are confident that the new investable indices reflect the holdings of many Asia
Pacific property investors."
"Liquidity is often a concern when providing tailor-made benchmark solutions for
listed real estate investments, and we frequently develop more liquid versions
of our existing indices," said Jeroen Vreeker, head of GPR. "The Investable
indices cover over 75% of the total market capitalization of our Composite index
family and remain highly diversified but they avoid holding companies with
higher transaction costs. We are also pleased to offer an investable REIT
series, which offers an ideal benchmarking solution for the growing number of
investors with REIT specific mandates."
"Increasing globalisation of real estate invariably leads to greater
sophistication in portfolio management techniques as fund managers adopt
competing strategies to outperform," said Lim Swe Guan, Chairman of APREA. "The
launch of the TR/GPR/APREA Investable Indices marks another milestone in our
quest to provide robust benchmarking tools for the industry. Passive funds can
invest in the indices, representing the top 100 property companies and top 100
REITs respectively in Asia Pacific, and active funds can demonstrate their value
add through selecting stocks that outperform the particular index."
Thomson Reuters and APREA announced collaboration in January 2013 to develop
listed real estate indices for Asia Pacific. This combines APREA's regional
knowledge and oversight as the key collective industry body in Asia Pacific real
estate, with Thomson Reuters deep experience as calculator of some of the
world's most popular indices and GPR's specialized expertise in real estate
research and indexing.
With extensive experience in building, maintaining and distributing indices
spanning multiple asset classes and specialties, index partners and clients have
come to rely on Thomson Reuters for its unrivalled data and content sets,
helping investors to make better decisions faster. For more information visit
Thomson Reuters Indices.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100
countries. Thomson Reuters shares are listed on the Toronto and New York Stock
Exchanges. For more information, go to http://thomsonreuters.com.
About Asia Pacific Real Estate Association
The Asia Pacific Real Estate Association (APREA) is a non-profit industry
association that represents and promotes the real estate asset class in the Asia
Pacific region. It is the industry body for the suppliers and users of capital
in the real estate sector.
Its membership comprises real estate companies, listed real estate trusts,
unlisted property funds, investment managers, investment banks, property
securities fund managers, institutional investors, real estate consultants,
corporate advisors, stockbrokers, investment advisors and universities.
APREA's achievements in education and information dissemination, and focus on
improving the general real estate operating environment, have firmly entrenched
it as the leading representative body for the industry in the region. In
particular, its achievements in driving regulatory improvements within the
listed real estate trust sector extend beyond existing markets and pave the way
for the emergence of new markets in other Asian countries.
For additional information on APREA, please visit www.aprea.asia .
About Global Property Research
Global Property Research (GPR) specializes in the creation of tailor-made
indices, available in various formats. GPR provides over 3,500 index series to
benchmark investments in the listed real estate sector.
All index products use an extensive and unique proprietary database of global
listed real estate companies. GPR has a proven track record since 1995. GPR
offers its clients four standard benchmarks: GPR 250 Index, GPR 250 REIT Index,
GPR General Index and GPR General Quoted Index. All its indices are distributed
via various data vendors.
GPR has an independent, dedicated and experienced Index Team with hands-on
service for clients. Moreover, all index calculation procedures and maintenance
processes are performed in-house.
For additional information on GPR, please visit www.globalpropertyresearch.com .
CONTACT
Nadia Stoyle
Head of PR, Asia
Thomson Reuters
+852 2843 6332
nadia.stoyle(at)thomsonreuters.com
Lauren Herman
Public Relations
Thomson Reuters
+1 646-223-5985
lauren.herman(at)thomsonreuters.com
Press Release (PDF):
http://hugin.info/142273/R/1711245/567723.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
[HUG#1711245]
Unternehmensinformation / Kurzprofil:
Datum: 24.06.2013 - 03:00 Uhr
Sprache: Deutsch
News-ID 272307
Anzahl Zeichen: 8979
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 190 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Thomson Reuters Launches Investable Real Estate Benchmarks for Asia Pacific Region"
steht unter der journalistisch-redaktionellen Verantwortung von
Thomson Reuters Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
