The Asian REIT sector demonstrated remarkable resilience in 2025, delivering an impressive 22% total return (including dividends) in US dollar terms — significantly outperforming both global REIT markets and fixed income assets.
For the first time since the pandemic, all four major regional REIT markets — Japan, Australia, Singapore and Hong Kong — achieved positive price gains in the same year. While such strong performance may be challenging to replicate, the outlook remains favourable in those markets underpinned by enduring structural and economic growth dynamics.
