Asia may be the most vibrant, diverse and dynamic continent on the globe. With more than 60 percent of the world population and a GDP growth of roughly 5 percent per year, Asia is growing demographically and economically at tremendous speed.

While the real estate markets in Asia are very fragmented and face various economic and political challenges, they are still dynamic and offer good opportunities for investors. Some developed markets — such as Hong Kong, Singapore, South Korea and Japan — are very sophisticated when it comes to fund structuring. Others, such as the ASEAN region, are stepping up their efforts and are starting to be noticed on the international stage.

Given the large potential of the real estate markets in Asia, a number of the biggest players active in the Asian real estate market (including GLP, Prologis, ESR, CapitaLand and Phoenix Property Investors) and some global fund managers have used Luxembourg as a base while targeting the Asian market