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Shop Talk: A Conversation with Peter Mitchell
Peter Mitchell is CEO of the Asian Public Real Estate Association( APREA), a nonprofit organization that promotes and represents the real estate sector in the Asia Pacific region. Mitchell recently spoke with The Institutional Real Estate Letter – Asia Pacific editor Jennifer Molloy about his organization and his thoughts on the current state of the Asian real estate market.
Tell me about the your organization, the Asian Public Real Estate Association. What is your mission, and when was APREA formed?
APREA was formed in 2005. It was formed because of a concern that, although the listed real estate sectors in Europe and the United States were strongly represented, the sector in Asia was not, but there was a great need for it to be so. The market was, and still is, seen as being fragmented with many cross-border differences, lack of unity and variable appro