You have to admit it, it has been a strange few years. Whether you choose to look back over a one-, two- or three-year period, the world is a very different place now than it was then. Trade wars, real wars, artificial intelligence (AI), generative AI, and a rapid and seemingly constant reshuffling of the global economy — it is enough to make your head spin.
Except, that is, if you are in the Asia Pacific real estate funds market, where the picture today looks remarkably unchanged over recent years. Can that be true, and if so, why?
In October 2023, Goodwin Procter, together with KPMG and IQEQ, published the State of Play report highlighting current trends in Asia Pacific private real estate funds and the broader Asia Pacific real estate market. The report was based on in-depth interviews with more than 40 senior professionals in the Asia Pacific private equity real estate industry and serves as a snapshot of market sentiment as of August/S