The survey, which was published on 26 July, pointed to occupier demand as the reason for outperformance. It said this is rising in the majority of countries across the globe with the exception of the UK and eurozone countries.
According to RICS, Brazil is leading the way with the net balance of surveyors reporting a rise in occupier demand moving from 70 per cent to 85 per cent with markets in Peru and China also performing well.
Data from Financial Express suggested there are 156 IMA UT and OEIC defined funds with exposure to property and Asia. There are eight with exposure to property and Eastern Europe and 13 with exposure to property and South America.
Investors looking to benefit from investing in all three regions can chose from four funds which have an exposure to these as well as property. These four funds can be seen in the chart below.
Source: Financial Express Analytics
In addition further analysis suggested there are four IMA UT and OEIC global property funds. The funds invest in countries including North America, Asia and Europe.
Source: Financial Express Analytics
Andrew Jackson, manager of the Standard Life Investments Select Property fund said economic activity is what makes the commercial property market tick.
"We are seeing stronger economic growth in these regions, especially in South America; the likes of Brazil has been showing strong growth," he said.
"Likewise in Eastern Europe, Poland is a major part of our portfolio. The Polish economy is more robust than most, the banks did not overland and you are seeing a lot of investment going into Poland."
He said China and India had also seen good growth and pointed out that as a result of good economic growth more people need office space, which is good for commercial property. In contrast, Jackson says the UK and eurozone have not performed as well.
"The UK and eurozone has seen a luck lustre economic growth and this is resulting in limited demand by tenants at this stage in the cycle," he explained.
Jackson said Brazil was a very important part of their portfolio and had been performing very well.
"Brazil is very important for us, it is very dynamic and it has really reinvented itself over the last couple of years and is doing very well at the moment. They are controlling their economy, raising interest rates at the sign of too much inflation or the economy overheating and are doing really well at the moment," he said.
"We also think Australia is a very good market; it is further ahead in the cycle and is less risky than other Asia Pacific markets," he added.
However Jackson said he was more cautious on China, and was seeing more opportunities in Hong Kong and Singapore.
In Singapore there is very strong economic growth coming through the market. There was a lot of office space and retail space built in Singapore in the last few years that lead to value and rental value falls, we think that is coming to an end and it is beginning to look more attractive now."
Looking ahead, Jackson remains positive on the above regions: "I expect growth in South America, Asia and Eastern Europe to continue. There is a lot of pain that Western economies have got to go through in terms of deleveraging and that will knock some growth out of the system," he said.
Steven Buller, manager of the Fidelity Global Property fund says property market fundamentals should continue to improve as long as the global economy can avoid a double dip recession.
"However, given the late-cycle nature of the sector, its recovery may lag and be somewhat muted in the near term. Against this backdrop, real estate firms might only see modest cash flow growth. Thus, it will become important to identify companies that can grow faster than the market, which, in turn, will make bottom-up stock picking important," he said.