Kingston, Jamaica — 6 February 2026
Global listed real estate markets are showing early signs of a rebound after several years dominated by the United States, with Asia and Europe emerging as the strongest performers. The shift is drawing renewed attention to how international property cycles, capital flows, and interest rate movements can shape long-term housing and development outcomes for small, open economies such as Jamaica.
Recent performance data from global real estate investment trusts (REITs) suggest that non-US markets are outperforming their American counterparts for the first time since 2017. Asia-Pacific markets, followed by Europe and selected emerging economies, have led the recovery, reversing a prolonged period in which US property assets were seen as the primary global safe haven.
A changing global property cycle
The recovery follows several years of uneven performance across regions. While US listed real estate benefited from scale, liquidity, and relative economic sta…
