Listed real estate loses its momentum mojo

GPR 250 Index finishes Q3 2026 5.8% down

Listed real estate securities gave back part of their strong first-half gains during the third quarter as the geopolitical uncertainty and the “higher-for-longer” interest rate outlook weighed on the GPR 250 Index (-5.8%) and all relevant continents. Below, the Q3 2026 total return performances for the GPR 250 Index and continental subset indices.

GPR 250 Index	EUR	LOC	USD
Africa	-0.7%	-1.3%	-1.3%
Americas	-5.7%	-6.2%	-6.3%
Asia	-0.2%	-2.9%	-0.5%
Europe	-8.8%	-8.3%	-9.4%
Oceania	-1.6%	-2.7%	-2.3%
World	-4.9%	-5.8%	-5.5%

Activist investor opposes Centerspace merger

Irenic Capital Management LP sent a letter to Independence Realty Trust, Inc.’s management board expressing its opposition to the proposed acquisition of Centerspace, outlining why it believes an outright sale of the bidder represents a superior path for shareholders.

Ingenia Communities Group shares surge

The Ingenia Communities Group share price is under the spotlight after the company revealed that it received a further revised takeover proposal from Warburg Pincus LLC. The proposal values Ingenia Communities Group at AUD 5.25 per stapled security, up from two previous non-binding offers.

Segro Plc shareholders approve Prologis, Inc. bid

Segro Plc shareholders have overwhelmingly approved Prologis, Inc.’s takeover offer at both the Court Meeting and EGM on 28 September 2026, clearing the two shareholder votes required for the proposed acquisition.