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Wealth Tracker: Which sectors are leading the Asia REIT rally?
Asia REITs surged in September, led by Singapore and Australia, fueled by strong property fundamentals, lower interest costs, and attractive yields. The Manulife Asia Pacific REIT Fund has seen a ~20% year-to-date gain, with retail and diversified REITs at the forefront. What’s driving this rally, which sectors are leading, and what lies ahead for investors in the region? On Wealth Tracker, Hongbin Jeong speaks to Derrick Heng, Director, Portfolio Manager, Equities, at Manulife Investment Management, to find out more.See omnystudio.com/listener for privacy information.
The skinny
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