The ease of direct investments into property firms and the availability of niche sectors in the US have drawn asset owners such as Australia’s Aware Super and Korea’s Poba.
The “lower for longer” monetary policy and stimulus packages, coupled with the rolling out of vaccine programmes favorably support real estate investing in the region, with offices and data centres presenting forward-looking opportunities.
Experts believe the move is opportune as the Singaporean sovereign wealth fund seeks to expand its positions in the country’s real estate and infrastructure sectors.
A new PwC report reveals that Chinese family businesses are setting up an increasing number of family offices in the region as they seek to raise investment returns.
Lately Korean investors have been struggling to compete with local players for assets in popular US property segments such as logistics and office space.
The territory's office real estate market looks unlikely to rebound for some time to come, given a mixture of ongoing coronavirus effects, hoarding owners and political unrest.