Mark Cooper
Japan has Asia’s largest stock of core real estate and is in demand from global investors looking for stable cashflows.
The region’s sound fundamentals and long-term growth opportunities mean well-capitalized institutions will continue to look for opportunities in markets like China, say executives from MIRA and CPPIB.
MIRA’s head of real estate Brett Robson explains why there is cause for optimism heading into 2021, despite the coronavirus pandemic.
As the most diverse region for real estate investors, the differing regimes of Asia-Pacific present a challenge for managers, especially where global capital is involved.
Investors put more pressure on American managers than regulators today. However, data security and capital gains tax may prove more of a headache in the future.
The region is crying out for affordable housing solutions, yet few private real estate groups have been able to offer one that works for buyers and their investors.
The emerging co-living sector taps into demand for affordable housing solutions in gateway cities and from young professionals who value experience more than assets.
Digital infrastructure development and changes to the hukou system are among the factors maintaining real estate momentum in China’s cities.
The forces assailing the market are not undermining its long-term potential, though they are hastening widespread structural changes.
Upheaval created by the coronavirus outbreak, the US-China trade war and ongoing financial reform are accelerating the speed of change.