Taking aim: European real estate investors see opportunities in Asia Pacific
The recent volatility in the UK property market (following the referendum vote in that country on 23 June to leave the European Union) and subsequent — albeit modest — downgrades to euro zone economic growth have underscored the importance of investment diversification. And, it seems, European pension funds are increasingly willing to consider investment beyond their domestic market. A significant 11.2 percent of Europe’s income-hungry private real estate investors — up from 8.3 percent a year ago, according to INREV’s Investment Intentions 2016 report — are looking to the compelling opportunities offered by Asia Pacific.
Once the exclusive preserve of opportunistic investors, Asia’s increasingly mature, transparent and liquid real estate market now offers long-term European investors compelling diversification benefits, attractive defensive characteristics and the potential to generate a secure income stream from high-quality assets. The ascendancy of this mark