“In Asia, improving economic conditions are bolstering the property markets. In Japan, the office market is showing initial signs of a recovery in rents and vacancy rates after a prolonged downturn. Liquidity remains abundant in other developed economies such as Singapore and Hong Kong,” said AllianceBernstein earlier this year.
Japan, Hong Kong and Singapore combine for over 55% of the country weight in WPS. As an international fund, WPS is more volatile than some of its U.S.-focused peers. WPS has a three-year standard deviation 18.85%, which is more 380 basis points higher than what is found on REZ. However, WPS features a trailing 12-month yield that tops that found on REZ by 245 basis points
iShares International Developed Property ETF
ETF Trends editorial team contributed to this post.