Christie Ou
The Dutch investor is exploring the possibility of opening a new office in Singapore as part of APG's broader growth plan in real assets.
In a notoriously difficult market for take-privates, there was a key reason why Invesco succeeded where other foreign private real estate firms had failed.
With structural changes in the economy, more properties in the region need repositioning through the use of technology, conversion or upgrade to a higher environmental standard.
The multifamily specialist first entered the sector in the US by acquiring a partial stake in Thackeray Partners in September 2020.
The US multifamily specialist previously raised three country-specific funds in the region targeting Japan, Australia and China.
Investors and managers have remained active in the region during covid, but are still proceeding with caution, delegates heard at the two-day event.
Currently, the Chinese firm manages three real estate funds with allocations to the Greater China area, Australia and the US.
The firm has added medical, life sciences and research-related real estate assets to its latest flagship fund strategy.
The healthcare specialist has hired InfraRed’s former chief investment officer in Asia to lead the new real estate platform.
The New York-based firm’s Asia value-add series, known for its strategic evolution, is shifting into non-traditional property types.