After getting roughed up in 2011, real estate securities in the Asia Pacific region — and across the globe — came out swinging in first quarter 2012, providing returns in the mid-teens.
From the Current Issue
Asia, the world’s largest continent with 47 countries and approximately 4 billion people, has emerged as a major real estate investment destination.
Transparency is improving, but creating a successful and diversified pan-Asian portfolio still requires local teams in multiple markets and a willingness to take on different property types and risk strategies.
Green business has long been touted as good business. There’s only one problem: Metrics to support that hypothesis traditionally have been in short supply. Now comes Dr Nils Kok, real estate finance professor at Maastricht University, a visiting economist at the University of California at Berkeley, and co-founder and executive director of the Global Real Estate Sustainability Benchmark (GRESB), an organisation dedicated to mitigating the enormous environmental impact made by real estate structures as well as tracking the positive financial impact recorded by those who are implementing sustainability measures.
Real estate developers the world over are known to be overly optimistic at the top of cycles but downright pessimistic at the bottom, when the economy starts showing signs of new growth.