The Global Property Hunter_ Our Global Property Comparative Valuation Performance Table

Key Points Industry Overview * Global Property Index: The Global Property Index rose 2.5% in November and is up 8.7% YTD (in USD). * Regional Performance: Americas (+5.1%) and Middle East & Africa (+1.8%) saw positive returns in November, while Europe/UK (-1.8%) and Asia Pacific (-2.1%) were down. * Global Property Hunter: Citi Research's Global Property Hunter includes ~540 global property companies across 40 countries, providing data on analyst ratings, performance, valuations, earnings growth forecasts, and balance sheet ratios. Regional Performance * Americas: The Americas region saw the strongest returns in November, with a 5.1% increase. * Middle East & Africa: The Middle East & Africa region also saw positive returns, with a 1.8% increase. * Europe/UK: Europe/UK experienced negative returns, with a 1.8% decrease in November. * Asia Pacific: Asia Pacific saw the largest decline, with a 2.1% decrease in November. Key Companies and Metrics * Prologis: Prologis was highlighted as a large-cap property stock with a strong market cap and positive returns. * American Tower: American Tower was another large-cap property stock with significant market cap and positive returns. * Equinix: Equinix was highlighted as a large-cap property stock with strong market cap and positive returns. * Marriott International: Marriott International was mentioned as a large-cap property stock with positive returns. * Simon Property Group: Simon Property Group was highlighted as a large-cap property stock with positive returns. Valuation and Growth * NAV Premium/Discount: The NAV premium/discount by region was provided, showing variations across different regions. * FFO Growth: FFO growth by region was discussed, highlighting growth expectations for different regions. Other Important Points * Data Sources: The Global Property Hunter uses data from various sources, including Citi Research estimates and consensus estimates from Reuters. * Conflicts of Interest: Citi Research discloses potential conflicts of interest related to the Firm's business activities with companies covered in the research reports. References * [doc id='1'] * [doc id='5'] * [doc id='6'] * [doc id='7'] * [doc id='10'] * [doc id='11'] * [doc id='12'] * [doc id='13'] * [doc id='14'] * [doc id='15'] * [doc id='16'] * [doc id='17'] * [doc id='18'] * [doc id='19'] * [doc id='20'] * [doc id='21'] * [doc id='22'] * [doc id='23'] * [doc id='24'] * [doc id='25'] * [doc id='26'] * [doc id='27'] * [doc id='28'] * [doc id='29'] * [doc id='30'] * [doc id='31'] * [doc id='32'] * [doc id='33'] * [doc id='34'] * [doc id='35'] * [doc id='36'] * [doc id='37'] * [doc id='38'] * [doc id='39'] * [doc id='40'] * [doc id='41'] * [doc id='42'] * [doc id='43'] * [doc id='44'] * [doc id='45'] * [doc id='46'] * [doc id='47'] * [doc id='48'] * [doc id='49'] * [doc id='50'] * [doc id='51'] * [doc id='52'] * [doc id='53'] * [doc id='54'] * [doc id='55'] * [doc id='56'] * [doc id='57'] * [doc id='58'] * [doc id='59'] * [doc id='60'] * [doc id='61'] * [doc id='62'] * [doc id='63'] * [doc id='64'] * [doc id='65'] * [doc id='66'] * [doc id='67'] * [doc id='68'] * [doc id='69'] * [doc id='70'] * [doc id='71'] * [doc id='72'] * [doc id='73'] * [doc id='74'] * [doc id='75'] * [doc id='76'] * [doc id='77'] * [doc id='78'] * [doc id='79']