Welcome to the first issue of The Institutional Real Estate Letter – Asia Pacific. The idea to create an Asia Pacific publication has been with us for a number of years. Given institutional investors’ interest in Asian real estate and the amount of capital invested and committed to Asia Pacific, one can argue that this publication is long overdue. However, to create a new, high-quality publication similar to our other publications and services, which are well known in the U.S. and European institutional investor communities, required extensive planning and organization. Finally, the stars have aligned, and we have launched The Institutional Real Estate Letter – Asia Pacific (The Letter – Asia Pacific) and held our inaugural Editorial Advisory Board meeting in Kyoto this past November.

Institutional Real Estate, Inc. (IREI) has been providing its flagship publication — The Institutional Real Estate Letter — to institutional real