GPR Market Update March 2026

April 1, 2026

Market updates

GPR Market Update March 2026

Sentiment hits a hard ceiling

Macro headwinds trigger a full momentum stall

After two months of strong momentum, the surge in listed real estate came to an abrupt halt as the sector suffered a sharp correction over the past month. The GPR 250 Index lost 8.4% in local currency terms in March 2026, due to losses for Americas (-6.3%), Africa (-9.8%), Oceania (-10.4%), Asia (-11.9%) and Europe (-13.4%). Below, the Q1 2026 total return performan

GPR 250 Index EUR LOC USD
Africa -4.6% -3.3% -6.4%
Americas 4.7% 2.8% 2.7%
Asia -0.4% -1.1% -2.3%
Europe -4.1% -4.0% -5.9%
Oceania -11.0% -15.0% -12.7%
World 2.0% 0.5% 0.1%

National Storage Affiliates Trust agrees buyout

Public Storage Inc. will acquire National Storage Affiliates Trust in an all-share transaction. Under the terms of the agreement, National Storage Affiliates Trust shareholders will receive 0.14 Public Storage Inc. shares for each (1) share owned.

Sunway Healthcare Holdings Bhd shares jump

Sunway Healthcare Holdings Bhd shares jumped on its market debut on 18 March 2026, after raising MYR 2.86bn in the country’s biggest IPO in almost a decade. The private hospital operator’s shares were priced at MYR 1.45 apiece.

MERLIN Properties SOCIMI, S.A. raises EUR 768m

MERLIN Properties SOCIMI, S.A. sold 56,275,101 shares via an accelerated bookbuild offering priced at EUR 13.64 per share, generating gross proceeds of EUR 768m. The company’s two largest shareholders had irrevocably undertaken to subscribe for the newly issued shares on a proportional basis ahead of launch.