In February, we held our fourth annual Visions, Insights and Perspectives (VIP) conference at the Terranea Resort in Southern California. For the first time in the history of this very successful conference in the United States, we organized an international panel that focused on Asia. There are many reasons why we decided to focus on Asia and not Europe, Latin America or the Middle East. Although not everything is sunshine and roses in Asia, there are compelling reasons why long-term real estate investors should not underweight Asia in their portfolios.