KKR, APG, Gaw, Alyssa to Appear in MTD TV Residential Forum This Month

Asia Pacific’s institutional real estate investors continue to turn to the residential sector as a source of durable returns with experts from KKR, APG Asset Management, Gaw Capital Partners and Alyssa Partners set to lead discussions of multi-family strategies for the region this month.

Senior representative of the investment heavyweights will be joining the fifth annual Mingtiandi APAC Residential Forum starting on 19 March, in a series of interviews and panel discussions brought to you in part by Yardi.

The first panel in the series will cover opportunities in the Japan market at 10:00 AM Hong Kong time on Wednesday, 19 March, featuring KKR, Gaw Capital and Alyssa Partners.

The second week of the forum will feature a pair of panels exploring the evolution of Australia’s build-to-rent sector and a spotlight interview session at 9:30 AM Hong Kong time on Wednesday, 26 March with Brisbane-based residential specialist Greenfort Capital and Gaw Capital Partners.

Tokyo in Focus

With Tokyo ranking as the second-largest multi-family residential market globally, according to MSCI, the forum’s initial panel will bring together Isabella Lo, managing director, principal for investments and head of Japan for Gaw Capital Partners; Chedli Boujellabia, managing partner and CEO of Alyssa Partners and David Cheong, managing director and co-head of acquisitions for Asia Real Estate at KKR for an hour-long discussion of trends influencing investor decisions in Japan this year.

The discussion takes place just days after Alyssa Partners announced an acquisition of 669 Japanese apartments through its partnership with Dai-Ichi Life, with Gaw Capital having teamed up with Alyssa last year to buy 29 Tokyo residential blocks for an estimated $259 million.

As one of the most active foreign investors in Japan’s property markets over the past year, KKR in November announced a 3,000-unit Japan residential venture with Sachin Doshi’s Weave Living expanding an existing cooperation between the two companies.

On the agenda will be discussions of the prospects for rental increases after Tokyo apartment leasing rates reached record highs in January, and the potential impact of rising interest rates on investment yields.

Australia Market Matures

With acquisitions of building sites for mainstream build-to-rent projects in Australia having fallen the past two years, Mingtiandi is devoting three sessions to the country’s rental residential market, as diversification and consolidation start to reshape the sector.

On Tuesday, 25 March, a panel titled Macro to Micro – How Australia’s Changing Society is Driving BTR will bring together top investors to explore how growing population, rising urbanisation and higher housing costs are combining to fuel the rise of rental housing in Australia.

On Wednesday, 26 March, GreenFort Capital partner Adam Vaggelas will appear in a spotlight interview session with Kenny Gaw, president and managing principal of Gaw Capital Partners for a look at how investments in targetted sectors can provide superior returns for investors.

That interview comes after GreenFort and Gaw Capital in January added two projects to their existing land lease community partnership which will yield another 750 homes for the seniors-friendly housing venture.

The forum will conclude on Thursday, 27 March with a panel covering Australia’s mainstream BTR sector featuring Sarah Winbur, senior portfolio manager for real estate at APG Asset Management; Dan McLennan, founder and co-CEO of Local: Residential; Adam Hirst, co-founder and CEO of Novus and Christian Grahame, head of HOME.

For those of you unable to join us live for the shows, recordings will be available on the MTD TV section of our website. Mingtiandi’s 2024 residential forum attracted more than 4,000 views across the live and recorded versions.