Growing interest in real estate among Asian family offices
Institutional Real Estate, Inc. held an inaugural Asia Pacific private wealth real estate symposium Aug. 2 in Singapore in partnership with Raffles Family Office, which invests on behalf of family offices in the Asia Pacific region, with a focus on family offices based in greater China and Southeast Asia.
More than 100 family office practitioners from 70 single-family offices participated in the event, with a 5:1 ratio of investors to investment managers.
“Private wealth is increasingly making its mark in the real estate investment landscape,” said Joe Kwan, managing director of real estate at Raffles Family Office. “Therefore, bridging the gap between private wealth in Asia and institutional-grade real estate investment strategies is a crucial objective of this symposium.” The event’s “Think Different” theme involved speaker interviews and panel discussions with institutional real estate investment managers on where they see alpha despite market gyration