Read the report: LAREPR Index 2016 Review
With a year-to-date price return of more than 18% and a total return of 24.7%, The Solactive Latin America Real Estate Index (LAREPR) outperformed all but one of the 190+ globally-listed real estate funds in 2016 and is the only index to track the expanding real estate asset class in Latin America. LAREPR is currently licensed to the first US-listed exchange-traded fund (ETF) with exclusive access to this growing asset class.
During 2016, LARE Index tracked a 13% dividend yield and a 16% distribution yield – driven by high yielding, un-leveraged Brazil REITs, broad appreciation in Brazil real estate operating companies and attractive dividends from Mexican REITs. Based on forward street estimates, 2017 is looking to shape up similarly to 2016 as many analysts believe top line revenue growth will drive further dividend appreciation as well as a continuation in the rally in asset prices.