Sunday, 21 January 2018
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Regulatory Committee Print E-mail

The primary objective of this committee is to identify and remove obstacles to free cross-border investment in the real estate sector. This committee has an important role to play in establishing the focus and effectiveness of APREA and is given a very high priority.

The broad membership provides the committee with the breadth, scope and capacity to comment on proposed regulatory frameworks within the region as well as assisting with developing the focus, direction and effectiveness of existing regulation. 

However, as the various country member chapters have taken a more active role on jurisdiction issues, APREA’s Regulatory Committee has evolved into having more of an oversight role with a focus on broader tax and regulatory issues at the regional or sub-regional level.   It now meets quarterly and one of its functions is to review the various projects being run by the country chapters and provide support as required.

The Committee has also been involved in the oversight of a number of research reports currently being undertaken, including a comparative analysis of Asia Pacific REIT regimes, a report examining the performance of the listed Asian real estate sector and a report examining the impact that REITS have had on Asian economies. 

The Committee has continued to spend time monitoring and being involved in the various country taskforce projects, such as the white paper submitted to the Securities and Exchange Board of India (SEBI), and subsequent dialogue with SEBI, and forums conducted in Japan in relation to J-REIT regulation.

The Committee has also led initiatives that require a broader regional or international perspective – for example, a multi-disciplined, multi-jurisdictional group appointed by and reporting to the Committee has the development of the regulation of real estate private equity funds in China as its focus.

Chapter Regulatory Task Forces

Many of the APREA country chapters have established regulatory task forces to tackle issues specific to their markets. These task forces generally comprise a mix of local and international members. For more information about what is happening in your chapter, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Chairman: Tony Mulveney - KPMG
Michael Ryland Ashurst
Lionel Low Ascendas Property Fund Trustee Pte Ltd
Peter Mitchell Asia Pacific Real Estate Association
Ashok Lalwani Baker & McKenzie
Audrey Fairhall Baker & McKenzie
Jeremy Ong Baker & McKenzie
Milton Cheng Baker & McKenzie
Stephanie Magnus Baker & McKenzie
Samuel Warwood Bank of America Merrill Lynch
Andrew Nicholas CentreSquare Investment Managament Inc
Roberto Versace CentreSquare Investment Management Inc
Nelson Wong CBRE Clarion Securities
Wong Yong Kai CITIC Capital Holdings Limited
Bin Wern Sern Clifford Chance
Patrick Choo Eagle Asset Management (CP) Ltd
Veronica Santos Ernst & Young
Ameet Hariani Hariani & Co
Hayden Flinn King & Wood Mallesons
Simon Clark KPMG
Leonard Ong KPMG
Grant Mackinlay KPMG
Andrew McCasker National Australia Bank
Siddharth Shah Khaitan & Co
Sudip Mullick Khaitan & Co
Nishchal Joshipura Nishith Desai Associate
Ruchir Sinha Nishith Desai Associate
John Moutsopoulos Norton Rose Australia
Mr V Mohan Parsvnath Developers Ltd
Harry de Kroon PGGM Investments
Paul Pak PricewaterhouseCoopers Services LLP
Stephen Day Propertylink (Holdings) Limited
Vishal Goel Red Fort Capital Management Company Pvt Ltd
Kalyan Chakrabarti Red Fort Capital Management Compant Pvt Ltd
Gurpreet Dhillon Religare Health Trust Trustee Manager Pte Ltd
Deepak Chhabria RMZ Corp
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