APG, Invesco and GLP Join Panels on Korea, China Logistics From Tuesday

Top executives from APG Asset Management, Invesco Real Estate and Korea’s Pebblestone Asset Management will be joining the first session of the Mingtiandi APAC Logistics Forum on Tuesday as the four part series kicks off with a look at the Korea market.

In an online panel starting at 10:00 AM Hong Kong time on the 17th, Mingtiandi founder Michael Cole will welcome APG director Brian Hung, Invesco senior director ST Hwang and Duke Lee, head of investment and asset management at Pebblestone for a one hour look at strategies for investing in a Korea market which looks set to move past a post-pandemic overhang of supply.

The panel on Mingtiandi’s MTD TV video platform is part of the sixth annual APAC Logistics Forum, which is sponsored by Yardi, and will take a look at the region’s largest industrial real estate markets as the sector continues to be a top target for institutional investors. The forum is free to view and you may register via the link above.

The forum will hold its second session on Thursday the 19th with a panel on the mainland China market featuring speakers from GLP,  CITIC’s CPE funds unit and Savills before continuing with a pair of panels next week on Asia’s emerging industrial hubs and on the Australia market.

Korean Deal Volumes Jump

APG, Invesco and Pebblestone will lead viewers through the Korea market after trades of income-earning logistics properties in the North Asian nation jumped 51 percent last year from 2023 despite rising vacancy and slowing rent growth.

The panelist will explore factors leading to a drop off in new supply of logistics properties, and the impact that this market shift is likely to have on rents for the country’s limited stock of institutional grade warehouses.

In Thursday’s session, which also takes place at 10:00 AM Hong Kong time, Mingtiandi founder Michael Cole will welcome GLP China co-president of logistics and industrial real estate Tim Wang, CPE managing director Johnny Shao and Savills’ head of research for China James Macdonald for an examination of the latest from the world’s largest e-commerce market.

The panelists will discuss the outlook for rents and vacancy as developers roll out fewer warehouses in China’s primary markets and whether some of Asia Pacific’s highest cap rates will be enough to start rekindling acquisitions in places like Beijing, Shanghai and Shenzhen.

Emerging Markets, Australia on the Way

The forum’s third session will take place at 10:00 AM Hong Kong time on Tuesday, 24 June with guests from logistics developer and fund manager Equalbase, Rava Partners’ Logicap industrial unit and Colliers India.

In the panel discussion, Logicap’s head of fund management, Priyank Shah; Paul Lee, chief executive officer and managing partner of Equalbase’s Northmod fund management affiliate and Colliers India managing director Ajay Sharma will speak with Mingtiandi’s Michael Cole about current conditions in markets which have seen new levels of attention during this year’s trade war.

In the forum’s final session on Thursday, 26 June, Mingtiandi will welcome Richard Stacker, chief executive for industrial and logistics with Charter Hall; Troy Bryant, founder and co-CEO of Macquarie Asset Management-backed LogiSPACE, Hale Capital Partners joint managing director Robert McMickan and James King, senior director for portfolio management with Barings.

On the agenda for the Australia session will be the impact of lower interest rates on capital flows into the country’s real estate markets, a recent surge of logistics acquisitions by global fund managers and the outlook for investors as asset prices begin to climb.

The 2024 Mingtiandi APAC Logistics Forum has attracted more than 3,500 viewers and the series is among the most popular content produced by Asia’s leading source of real estate intelligence.