Along with logistics, multi-family residential has been the only asset class to outperform pre-pandemic levels in Asia Pacific over the last two years, according to data from Real Capital Analytics, as investors turn to rental housing for steady returns and alternatives to a hard hit commercial sector.
Investors spent $7.5 billion buying income-producing multi-family assets in Japan, Australia, Greater China and other top Asia Pacific markets last year, RCA’s figures show, with that total exceeding the 2015 to 2019 average by 25 percent.
To find out more about the appeal of investments in rental accommodation, Mingtiandi has organised our second annual online forum focused on Asia Pacific’s residential markets, and will be kicking off the event series at 10:00 AM Hong Kong time on Tuesday, 15 March with a spotlight interview which brings together executives from US multi-family specialist Greystar and the Netherlands’ APG Asset Management on our MTD TV live video platform.
The interview with Greystar and APG is the first event in a five-part series sponsored by Yardi, which will include panel discussions on residential strategies in Greater China, Japan and Australia, as well as a dedicated session on debt financing opportunities in the region.
Partners on Stage
As Greystar is said to be on the cusp of closing a $1.05 billion APAC-wide multi-family fund with APG as one of the major backers, the Residential Forum’s lead-off session on 15 March will bring together the US firm’s senior managing director for investment management Ed Boyd and APG’s director for private real estate Dominic Doran for an exclusive discussion of what comes next for the long-term partners.
Following the live discussion hosted by Mingtiandi’s Michael Cole, there will be a live question and answer session for attendees to reach out directly to the speakers.
Admission to the show is free for all registered members of Mingtiandi, and you may set up your account here.
Greystar and APG have been working together on multi-family opportunities in Asia since 2018, with the partners having announced their first project in Shanghai in February 2019. They have followed up with ventures in Japan and Australia, with Greystar now having gathered $1.8 billion in capital commitments as of the third quarter of last year.
Markets in Focus
Following the opening interview program, the Mingtiandi APAC Residential Forum will continue on Tuesday, 22 March with a panel discussion on multi-family investment in Greater China with Claire Tang, co-CIO for Asia Pacific and head of Greater China for LaSalle Investment Management; Sachin Doshi, founder and CEO of Hong Kong’s Weave Living; Keith Chan, CEO of mainland multi-family operator Funlive and a speaker to be named shortly.
Japan will be in focus for a panel discussion on Thursday, 24 March, when MTD TV welcomes Laurent Jacquemin, head of real assets for Asia Pacific Real Assets at AXA IM Alts, Emilia Teo, managing director at Singapore’s TE Capital Partners, Minoru Machida, CEO of Japan’s Tokyo Trust Capital and a speaker to be named shortly.
On Tuesday, 29 March, the forum will continue with a panel on the Australian market, and the event series will conclude on Thursday, 31 March with a panel on debt investment strategies.
Full details of the forum, including speaker bios and a registration forum are available here.
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