Reits are set to gain from changes brought about by the pandemic, while the yield, diversity and ESG benefits of the asset class are becoming more apparent to Asian insurers.
Boosted by China's Reit market development and a series of regional measures, investors are being encouraged to utilise listed real estate vehicles.
The long-waited infrastructure Reits have finally arrived in China and, while experts see a slow start with hurdles ahead, they say it will later move to a 'big bang'.
Timothy Chan, CIO of Ping An Insurance, shared his 2021 investment focus with AsianInvestor as the insurer aims to take advantage of China's latest five-year plan.
Investment experts were not surprised by chief executive Carrie Lam's policy address focus on China-focused wealth management, but some feel the goal to expand Reits is promising.
Wealthy Asian families have abundant dry powder but are largely holding fire on investments. Property, for instance, is expected to fall further, but Reit opportunities look to be emerging.