Graeme Newellis professor of real estate investment at the University of Western Sydney in Australia. He recently prepared a major follow-on report for the Asia Pacific Real Estate Association, The Significance of Real Estate in Asian Pension Funds, and presented the findings this past November at the VIP – Asia Investor Roundtable, a conference sponsored by Institutional Real Estate, Inc and hosted by IREI and APREA. Newell spoke with Dr Jennifer Molloy,editor of The Letter – Asia Pacific,to discuss the latest findings.

In September 2010, when the original report of the same name — The Significance of Real Estate in Asian Pension Funds— came out, what did you find?

Key findings from the 2010 APREA report o