Think Tank

Think Tank/智库/シンクタンク

“A body of thinkers who offer practical solutions to complex problems,
make sense of economic, social and political dynamics, and help invent the future.”

APREA has asked many leading thinkers to take the pulse of the market place and provide a view on current and future trends.

Our interest is the story behind the numbers, and practical lessons that can help reshape business models and priorities.

A selection of white papers appear below.

A new roster of research priorities will be published in Q1 2018. APREA’s Research and Market Intelligence Roundtable is leading this program

APREA works closely with respected universities and think tanks to provide practical and relevant research into real estate market drivers and dynamics, as well as public policy issues.

For example, APREA is collaborating with the Steers Centre for Global Real Estate to explore the prospects for India’s new real estate and infrastructure trust regimes.

To learn more, please contact Sian Howe Chua at sianhowe.chua@aprea.asia.

Real Estate Investment Trusts (REITs) in Asia are typically managed by an external manager, which is in turn usually a subsidiary of a powerful sponsor.

This study examines the costs and benefits of the externally managed REIT model in Japan, Singapore and Hong Kong.

APREA members can access the report by clicking here.

Using the results of the 2013 APREA survey of Asian pension funds with over $790 billion in assets under management, this report reviews the activities of pension funds in Asia that are strategically increasing their levels of real estate.

The report highlights the strategies and real estate investment vehicles being used to achieve this real estate exposure, both at a local and international level.

Increased levels of real estate in Asian pension funds are expected to deliver significant benefits across all sectors of the real estate industry in Asia. APREA members can access the report by clicking here.

This paper seeks to provide a better understanding of the performance of listed Asia Pacific real estate, the factors which determine this performance and current and potential roles and applications within portfolio management.

APREA members can access the report by clicking here.

This paper provides a unique exploration of the relationship between listed and direct real estate.

Analysis of the relationship over the nine year period between Q1 2004 and Q4 2012 provides evidence, in the form of return correlations, of short-term linkage between listed and direct property markets.

APREA members can access the report by clicking here

The objective of this report is to present a perspective on the impact of REITs on Asian economies.

It includes an analysis of how REITs offer a valuable opportunity to long-term institutional and individual investors, how they have contributed to capital market diversity and development, and how they have become a positive force in the healthy development of property markets.

This report is free to the public and can be accessed by clicking here.

This report highlights the size of the Asia-Pacific real estate markets and expected growth over the next twenty years.

Asia-Pacific real estate market liquidity is also assessed in a local, Asia-Pacific and global context.

APREA members can access the report by clicking here.

Asian REITs provide a liquid, manageable investment platform for accessing high quality commercial real estate for general retail investors.

The major takeaways are summarised in 10 key lessons.

This report is free to the public and can be accessed by clicking here.

This report examines the relationship between inflation and the performance of commercial real estate in Asia.

APREA members can access the report by clicking here.

This report highlights the importance and benefits of including both listed and unlisted Asian real estate in institutional investor portfolio.

APREA members can access the report by clicking here.