Board meeting attendees delved into discussions on a variety of topics affecting property markets — topics that keep them up at night as they navigate today’s investment environment with an eye on what their decisions will mean for tomorrow and beyond.
Specialty property types offer investors a rare combination: yields that exceed those of traditional property types and defensive characteristics in their operations. As a result, these property types tend to perform well across the cycle.
Managers are launching several new core open-end funds targeting Asia Pacific, signalling Asia Pacific real estate markets are maturing and offering more options for institutional investors.
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.