GPR Market Update January 2026

February 1, 2026

Market updates

GPR Market Update January 2026

GPR 250 Index hits all-time high in January 2026

Listed real estate sector adds 2.5%

The listed real estate sector marched upwards, with the GPR 250 Index hitting all-time highs and closing the month 2.5% higher. Except for Oceania (-3.5%), there were continental wins for Africa (2.4%), Asia (2.5%), Americas (2.7%) and Europe (2.9%). It is also worth noting that listed real estate securities outperformed general equities (2.5% versus 1.7%) in January 2026.

British Land Company Plc buys Life Science REIT

British Land Company Plc and Life Science REIT announced that they had reached agreement on the terms and conditions of a recommended cash and share offer by British Land Company Plc for the entire issued and to be issued share capital of Life Science REIT. Under the terms of the acquisition, Life Science REIT shareholders will be entitled to receive 14.10 pence in cash and 0.07 British Land Company Plc shares for each (1) Life Science REIT share.

Healthpeak Properties Inc. launches spin-off

Healthpeak Properties Inc. is planning to spin off its senior housing portfolio into a new publicly traded REIT, but it is not parting with the properties. The company plans to create Janus Living, Inc., a publicly traded REIT backed by 34 senior housing communities, sometime in the first half of the 2026 calendar year. Healthpeak Properties Inc. plans to retain majority ownership of Janus Living, Inc. and has positioned the spin-off as an opportunity to realize differentiated value across the multiple healthcare sectors where it operates.

The Philippines’ SEC unveils new rules on REITs

The Philippine Securities and Exchange Commission (SEC) has unveiled a series of revisions to the rules governing REITs, aimed at deepening the capital market and sharpening the sector's regulatory framework. A cornerstone of the revised rules reinforces the mandatory dividend payout, requiring REITs to distribute at least 90% of their distributable income to shareholders annually.