Asia-Pacific

NPS’s Kim: ‘We won’t shy away from smaller ticket size opportunities’

The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.

Aquilius leads A$200m recap for Australia’s Serenitas

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and PEP last year for A$1.01bn.

Hong Kong’s high office availability leads to pricing drop

‘Portfolio owners are likely to continue to offload fringe assets at discounts while cash-rich buyers will see an opportunity to bargain hunt,’ says Savills’ head of Asia-Pacific research, Simon Smith. Read more in PERE’s 2024 APAC Fund Manager Guide.

Japan’s tourism, low interest rates entice foreign investment

Market participants report renewed interest from foreign capital and several managers have recently set up shop or made senior hires in Japanese real estate. Read more in PERE’s 2024 APAC Fund Manager Guide.

China still facing demand and investment capital shortages

Long-term investors from Asia and the Middle East, such as Singapore’s GIC, have continued to selectively invest. Read more in PERE’s 2024 APAC Fund Manager Guide.

Australia’s and New Zealand’s population growth belies slumping economy

Australia’s favorable demographics are pushing investors into the living sectors, while interest in logistics remains strong in both Australia and New Zealand. Read more in PERE’s 2024 APAC Fund Manager Guide.

South Korea sees transactions pick up as interest rates level off

Korean interest rates are considered to have peaked and there’s a renewed interest in acquisitions, aided by sellers’ willingness to adjust prices. Read more in PERE’s 2024 APAC Fund Manager Guide.

The trends shaping the APAC real estate market

Fundraising falls in APAC, but industrial still commands investor interest

Southeast Asia a growing and varied region, but investment risks remain

Singapore remains the center of activity in the region, and a handful of real estate managers have invested in Vietnam. Read more in PERE’s 2024 APAC Fund Manager Guide.

APAC Fund Manager Guide 2024

PERE’s annual ranking of private real estate fund managers active throughout the Asia-Pacific region.