Thomson Reuters Launches Comprehensive Listed Real Estate Benchmark for Asia Pacific Region
Family of regional real estate indices developed by Thomson Reuters, Global
Property Research and Asia Pacific Real Estate Association
SINGAPORE, January 30, 2013 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, Global Property
Research (GPR), a real estate index specialist,Â 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 the Asia Pacific Real
Estate Composite Indices - designed specifically to be the most comprehensive
listed real estate benchmark available for the Asia Pacific region.
The Thomson Reuters/GPR/APREA Composite Index family has been developed with
leading investors in Asia Pacific real estate and is differentiated by its value
1. It strikes a different balance between "income" and "growth" companies,
recognizing the importance of developers in the Asian market and the need
for growth companies to be taken into account;
2. It covers a broader set of countries than available elsewhere, 13* in total;
3. It includes Asian REITs reflecting their growing importance as they
outperform both local Asian stock markets and property in the western world;
4. It includes high growth as well as the typical high dividend yielding
companies associated with real estate.
The TR/GPR/APREA Composite Index family represents the first indices to be
developed by Thomson Reuters, GPR and APREA.Â The launch of the TR/GPR/APREA
Composite Index family supports Thomson Reuters vision to connect and enable the
global financial community and represents a significant step forward in
addressing the benchmarking needs of the investment community. Â It also supports
APREA's vision to give Asian real estate more visibility through indices and
give appropriate recognition to the significant position that Asia now occupies
in global institutional investment.
The new family of real estate indices is based on the total return of Asia
Pacific property stocks, weighted by free-float market capitalization, in a way
that represents the return characteristics of the overall Asia Pacific property
"With real estate equity returns outperforming conventional equities in Asia
Pacific, the sector is enjoying a revival and increased investment," said Lucas
Garland, head of indices product management at Thomson Reuters.Â "We are
thrilled to extend our real estate collaboration to include the regional
industry body, ensuring that together we are able to provide indices which truly
reflect the Asia Pacific property landscape and are ideal to provide global and
local investors with liquid access to the asset class."
"As a listed real estate index specialist, GPR has been offering benchmarking
solutions for many years," said Jeroen Vreeker, head of GPR. "We have used our
knowledge and insights into the Asia Pacific region to fulfil the wishes and
needs of investors in this region. Â We are proud to present this innovative
index, which serves as the best representation of the local property market."
"The TR/GPR APREA Composite Index family meets an essential need as a benchmark
and portfolio management tool truly representative of Asia Pacific listed real
estate, and it is being introduced at a very important time with Asian investors
in particular expected to expand their exposure to property and non-Asian
investors expected to increase their exposure to Asian real estate," said Lim
Swe Guan, Chairman of APREA. Â "We are delighted to have joined Thomson Reuters
and GPR in this major industry initiative."
Thomson Reuters, Global Property Research and APREA are working together to
develop listed real estate indices for Asia Pacific.Â The new indices will
combine 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.
Thomson Reuters today provides over 10,000 indices that allow market
professionals to make better investment decisions and understand market trends.
Thomson Reuters equity indices cover 51 countries and 27 regions and utilize the
unique Thomson Reuters Business Classification system. Additionally we offer
Sovereign Bond Indices for 28 markets and indices for a variety of other asset
classes - such as the recently launched TR/GPR Real Estate Indices, Venture
Capital Indices and Shariah compliant Indices for Islamic Finance.
Thomson Reuters provides innovative indices and index-related services to the
global financial community to help investors make better decisions. Thomson
Reuters index clients and partners rely upon the unparalleled breadth, depth,
global network and vast data and content sets that only Thomson Reuters can
provide. Backed by the content, data, independence and global information
network of Thomson Reuters, our indices and index services are designed to suit
any need. For more information, go toÂ Thomson Reuters Indices.
*Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand,
Philippines, Singapore, South Korea, Taiwan, Thailand.
About 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 .
Head of PR, Asia
+852 2843 6332
PR Director, Investors
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