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Thomson Reuters Launches First Highly-Liquid, Investable, Real Estate Indices For ETF Market
London – Thomson Reuters, the world’s leading supplier of intelligent information for businesses and professionals, and Global Property Research today announced the launch of the first highly-liquid, real estate indices. Designed specifically to be tracked by ETFs looking to offer investors exposure to real estate markets globally, the TR/GPR indices provide a more investable and tradable solution than currently available elsewhere.
The new suite of real estate indices provides broad global diversification, including emerging markets. The TR/GPR Global 100 Index is composed of the 100 most liquid real estate stocks worldwide. Furthermore, three regional variants for increased focus are also available; the TR/GPR Americas 40 Index, TR/GPR APAC 30 Index and TR/GPR EMEA 30 Index. Customised indices to reflect a particular mandate or strategy can also be designed.
The TR/GPR indices can be used to build real estate ETFs that closely represent the property market, to track real estate performance or simply for benchmarking purposes. In addition to high liquidity, customers benefit from transparent, rules-based methodology and independently-calculated indices, ensuring that the underlying stocks respect the publically available index rules.
The constituents of the TR/GPR indices focus on companies involved predominantly in real estate investment, rather than pure property development.
"Real estate has been a challenging market since 2008, but last year we saw the first signs of growth in US and Asia and more recently, this year, in Europe," said Jamie Robinson, head of commercial strategy & business development for indices at Thomson Reuters. "With a potential revival in the sector, combined with rising rental incomes, ETF providers are looking closely for investment opportunities for their clients in this high yielding sector. However, feedback from the market reveals a gap for a truly investable index that allows ETF investors to participate in property investment; the TR/GPR suite of indices will help create those opportunities."
Year to date returns from property have exceeded equity investments according to the TR/GPR indices:
| Name | %3m | %6m | %YTD | %1y |
|---|---|---|---|---|
| STOXX 50 EUROPE GROSS RETURN (EUR) | 1.33 | 4.96 | 4.07 | -4.12 |
| TR/GPR Europe 30 EUR | 5.43 | 4.99 | 10.65 | -5.41 |
| TR GLOBAL TOTAL RETURN (USD) | 3.38 | 3.47 | 9.47 | -5.84 |
| TR/GPR Global 100 USD | 8.36 | 8.48 | 16.01 | 3.08 |
| MSCI AC APAC TOTAL RETURN (USD) | 1.89 | 2.28 | 10.11 | -7.18 |
| TR/GPR APAC 30 USD | 9.67 | 6.70 | 21.38 | 0.78 |
| S&P 500 TOTAL RETURN (USD) | 7.18 | 10.46 | 12.31 | 5.79 |
| TR/GPR Americas 40 USD | 8.11 | 13.16 | 13.78 | 19.88 |
Source: Thomson Reuters, data as at 1 May 2012
The TR/GPR indices complement the Thomson Reuters Real Estate service, a dedicated global market intelligence service for real estate professionals. They combine GPR’s specialist knowledge of researching and indexing global listed real estate markets with Thomson Reuters experience in calculating, maintaining and distributing indices.
The TR/GPR index values and constituents will be available on Thomson Reuters desktop products. Licences and data feeds are also available.
Notes to Editors:
1. Thomson Reuters Real Estate is a dedicated global market intelligence service for real estate professionals. It combines real estate-focused and related Thomson Reuters editorial content and databases with aggregated research, data and news from specialist providers. Our service covers all real estate asset classes, from direct investments to REITs, debt, funds and property derivatives. For more information, go to: Thomson Reuters Real Estate
2. Thomson Reuters provides indices and index services to help investors make better decisions. Thomson Reuters is committed to total indexing solutions. Our index clients and partners rely on the 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. Thomson Reuters Indices
About Global Property Research
Global Property Research provides services for international investors and asset managers with top of the line benchmarks. All index products use an extensive and unique proprietary database of global listed property companies. Global Property Research has a proven track record since 1995. For more information, go to: http://www.globalpropertyresearch.com.
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 thomsonreuters.com.
Contacts
Clare Arber
Head of PR, Financial Services Content
Thomson Reuters
Tel: +44 (0) 20 7542 6256
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Jeroen Vreeker
Global Property Research
Tel: +31 20 3488 451
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