Currently, Asian real estate investors are finely attuned to their risk tolerances for the next few years. The post-pandemic environment will be different, but we know not to what extent.
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Japan’s multifamily sector presents an opportunity. The fact is yields from residential investments in Japan, compared with 10-year bonds, remain very attractive.
In recent years, China’s logistics sector experienced a record wave of domestic and foreign capital inflows. This kickstarted a modernisation phase similar to that happening across Asia Pacific, which arose from a visible shortage of good-quality logistics facilities, with the market relatively non-institutionalised and dominated by older warehouses.
Online sales in Australia have been strongly increasing during the COVID pandemic, as restrictions and lockdowns have effectively driven consumers to migrate to online shopping. What has been interesting to see is the level of “stickiness”, meaning consumers who convert to online shopping and continue to shop this way even after lockdowns are lifted.
We know the future brings a growing cohort of people over age 65. If you want to see what that might mean for the built environment, turn your eyes to Japan, the regional — and global — role model in adapting to an ageing population.
With a year marred by a resurgence in COVID-19 across Asia Pacific and government efforts to contain more virulent strains of the virus, prime office markets in the region continued to see an uneven recovery in the third quarter of 2021, according to Knight Frank’s Asia-Pacific Prime Office Rental Index.
While the COVID-19 pandemic put the brakes on a decade-long global economic expansion, and real estate transaction and fundraising activity slowed in 2020, most real estate investment managers still reported impressive growth.
In a Vision 2025 effort to diversify and improve its portfolio mix beyond Greater China, Hong Kong’s Link REIT has acquired a 50 percent interest in three trophy retail assets in Sydney’s central business district from GIC.