Graeme Newell is professor of real estate investment at the University of Western Sydney in Australia. He is also currently executive director of the International Real Estate Society. Newell has strong links to the real estate industry, both in Australia and overseas. He recently prepared a second major report for APREA, the Asia Pacific Real Estate Association, titled The Benefits of an Allocation to Asian Real Estate for Institutional Investors,and presented the findings in October 2011 at VIP – Asia Investor Roundtable, a conference jointly sponsored by Institutional Real Estate, Inc and APREA. Newell spoke recently with Jennifer Molloy, editor of The Letter – Asia Pacific,to discuss the findings.

How