New research shows Asia well positioned for massive REIT boom

Asian alternative REITs have seen a meaningful rise over the past five years. Within the Asian REIT universe, alternative REITs accounted for 8.5 percent of the index before growing 114.7 percent to 18.2 percent by 2022, according to Evolution vs. Revolution: How to Fuel Asia’s Alternative REIT Sector, a joint report released by Asia Pacific Real Assets Association (APREA) and CenterSquare Investment Management. The report analyzed sectors that have been powering the growth of Asia’s alternative REIT universe and stressed the importance of continued growth.

Singapore and Japan are leading this growth, with Singapore seeing a 144 percent rise in its alternative weight, now accounting for 35.7 percent of developed Asia’s alternative REITs. Japan grew its share by 69 percent, accounting for 43.4 percent of the Asian alternatives universe in 2022.

As it relates to the development of alternative REIT sectors, Asia has already begun to write its own success st