Currency movements are important for investors diversifying into foreign real estate markets. Given the multicurrency landscape, panregional real estate investment vehicles in Asia Pacific often carry a higher degree of currency-volatility risk compared with its peers in the euro zone and United States.

Just because you can still do deals in this kind of market doesn’t mean the deals you’re doing are going to be “good” deals.

Scion Student Communities, a joint venture between the C$328 billion (US$262 billion) Canada Pension Plan Investment Board, Singapore’s US$359 billion GIC and The Scion Group, has acquired a US student-housing portfolio for approximately US$1.1 billion.

The Asia Pacific property sector closed 2017 with a 29.3 percent total return and remained the best-performing region and bested global property, which returned 20.7 percent.