Greater China has some of the world’s most expensive housing prices, and the rising cost of home ownership in cities like Beijing, Shanghai and Hong Kong has now begun to foster build-to-rent real estate investments.
To better understand the demand for professionally managed multi-family properties in Greater China, and the potential yield for investors, Mingtiandi has organised a panel discussion dedicated to the sector, with senior managers from US multi-family specialist Greystar, Hong Kong-based startup Weave Living, property consultancy JLL and mainland platform Funlive joining the talk.
The China multi-family panel takes place at 10:00 am Hong Kong time on Wednesday 12 May, and is brought to you free of charge thanks to sponsorship by Yardi.
The session, which is hosted on Mingtiandi’s MTD TV online video platform will allow the audience to hear directly from major players in the industry about the macroeconomic trends and government policies helping to drive multi-family investments, as well as the operational challenges of developing this budding sector.
Shanghai, Beijing and Hong Kong
Adding a global perspective to the discussion will be Charles Ma, managing director for China investment with Greystar, which is the largest multi-family operator and fund manager worldwide, with $39.8 billion in assets under management. Ma will be joined on MTD TV’s virtual stage by Sachin Doshi, founder and group chief executive with Hong Kong-based Weave Living, which has grown in Hong Kong’s best-known multi-family owner and operator since being established in 2017.
Eric Pang, who leads JLL’s capital markets team for China will be adding the expertise of a veteran third party advisor with more than 17 years of industry experience, and Keith Chan, chief executive of Funlive will share from his experience leading the rental residential unit of mainland developer China SCE Group, which is also backed by Gaw Capital Partners.
Mingtiandi founder Michael Cole will moderate the discussion as the group examines the potential for growth in the rental residential market in top cities in the region, as well as how the experiences of the COVID-19 pandemic have focused investor attention on the steady returns offered by multi-family investments.
Japan, Speciality Sector on Way
The China discussion is the third session in Mingtiandi’s Asia Multi-Family Investment Forum, and will be followed on Tuesday, 12 May by a panel focused on Japan, which has the region’s most developed multi-family industry.
Joining the Japan panel will be Greystar managing director for Asia Pacific Akira Kosugi, JLL head of equity advisory for Japan, Ken Sakuramoto; Rushabh Desai, chief executive for Asia Pacific at Allianz Real Estate and Joel H Rothstein, shareholder and chair of the Asia real estate practice at law firm Greenberg Traurig.
MTD TV’s Asia Multi-Family Investment Forum will conclude on 25 May with a panel dedicated to high-yielding rental residential segments such as student accommodation, senior living and co-living, featuring SC Capital managing director Jyoti Ramchandani, who also manages the private equity firm’s SCORE+ strategy and Shusaku Watanabe, head of Japan real estate at Nuveen.