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Where is listed real estate heading next? The APREA Global REIT Roundtable brings together top leaders and experts from across the Asia Pacific and beyond to examine cross-border investments, the sectors positioned for growth, and the strategies needed to build long-term value amid volatility. Gain practical perspectives on opportunities shaping the next chapter of the global REIT market.

This is a CPD-certified event with professional development credits to enhance your expertise and career growth.
CPD credits: 2.5 hours
Speaker
Sigrid Zialcita
CEO
APREA
Sigrid Zialcita
CEO
APREA
Sigrid is the Chief Executive Officer of Asia Pacific Real Assets Association (APREA). Based in Singapore, she is responsible for overseeing the strategic direction, initiatives and operations of the association across Asia Pacific. Under her leadership, APREA repositioned to an industry trade group focusing on real estate and infrastructure.
Sigrid joined APREA’s executive team in January 2019.
Prior to APREA, she served as Managing Director of Asia Pacific Research and Advisory Services of Cushman & Wakefield (C&W) from 2010 through 2018, where she was responsible for research, thought leadership, strategy formulation and client management. Before relocating to Singapore, she was based in Washington, D.C. and led C&W’s U.S. research group in the Mid-Atlantic region, overseeing all aspects of market research activities in the Washington, DC; Virginia; Suburban Maryland, Baltimore; and Philadelphia areas. Prior to joining C&W, Sigrid served as a Senior Economist for the National Association of Realtors (NAR). In that position, she developed NAR’s office, warehouse, retail, multi-family housing, and international research programs.
A recognized expert in global economic, public policy and real estate issues, Sigrid is a frequent speaker at industry events. Her commentary on commercial and residential real estate markets is also regularly featured in a wide array of global publications, including the Wall Street Journal, Financial Times, Bloomberg, New York Times and Reuters. Additionally, she has made several television appearances on financial networks and radio such as CNBC, Bloomberg, CNN, National Public Radio and Channel News Asia.
Sigrid holds a Master of Business Administration from Cornell University’s Johnson Graduate School of Management and a Master’s degree in Economics from Pennsylvania State University. She is a member of several civic groups including the Rotary Club of Raffles City in Singapore, where she has served in various leadership positions, and serves in the Executive Committee of the Crohn’s & Colitis Society of Singapore.
Using Green Street’s strategic work as well as detailed forecasts for REITs, markets, and property sectors, the presentation will discuss the best areas for alpha creation in listed real estate while also emphasizing the differentiated drivers of performance that investors tend to overlook.
Speaker
Cedrik Lachance
EVP, Director of Research
Green Street
Cedrik Lachance
EVP, Director of Research
Green Street
Cedrik is Green Street’s Director of Research, leading a global roster of over 80 real assets expert analysts, and is a member of the executive leadership team. Under Cedrik’s guidance, Green Street provides actionable capital allocation intelligence to public and private global real assets investors. The team distinguishes itself through strategic insights, a deep data science function, investment perspective on virtually all property sectors along with numerous infrastructure sectors, and within more than 400 private real estate markets. The team offers a deep public-private perspective based on covering more than 190 public real estate and infrastructure companies in about 15 countries.
During his 22-year career at Green Street, Cedrik has previously led the global REIT research team, been sector head of the U.S. retail, office, industrial and net lease sectors, was the first publishing analyst in Europe, covered companies in Canada and Australia, and managed the global Quantitative Analytics team. His breadth of experience is integral to Green Street’s success in providing ground-breaking research and analytics on all aspects of the public and private property markets as well as its growing presence in infrastructure research.
Frequently quoted in major financial media and a sought-after speaker at leading industry events, Cedrik is a past winner of the Wall Street Journal’s “Best on the Street” award in real estate, and an active member of numerous real estate organizations. Cedrik earned an MBA from the Tuck School of Business at Dartmouth College, holds a master’s degree in International Relations from the University of Toronto, and a B.A. in History from Université Laval in Quebec.
Panelist
Hugh Andrew
Chief Executive Office
Bagmane Prime Office REIT
Hugh Andrew
Chief Executive Office
Bagmane Prime Office REIT
Hugh Andrew is the Chief Executive Office of the Bagmane Prime Office REIT. The portfolio comprises approximately 20M sf of Grade A Office across 6 Business Parks in Bengalaru, India. The REIT has 47M sf of ROFO Pipeline in Bengalaru, Chennai and Delhi.
Prior to his move to India Hugh was Executive Vice Chairman and Exec. Director of ECO BUILD MMC SDN. BHD. which specialises in the design, development and project management of multi-function modular solutions. ECO BUILD services many industry sectors including Mining, Oil and Gas, Construction workers accommodation, low cost housing and hospitality.
Hugh was previously the Head of Asset Management at BlackRock in Singapore responsible for the asset management, leasing and marketing, and property management of the BlackRock's Asia Property Fund portfolios. Hugh’s service with BlackRock dates back to 2010, including his years with MGPA, which was acquired by BlackRock in 2013.
Prior to joining MGPA, he was the Chief Representative for Hongkong Land in India and before that held a number of senior positions in Hong Kong both in the Asset and Property Management Divisions of Hongkong Land. He has also worked as a service provider in Hong Kong with Vigers and First Pacific Davies and in London with Healey & Baker. Hugh has been an active member of Corenet Global and has held positions on the Asia Regional Council and the Global Board.
Hugh was educated at The Duke of York's Royal Military Academy, Kent, United Kingdom. He is an Emeritus Fellow of the Royal Institute of Chartered Surveyors (RICS) and holds an Executive Diploma in Corporate Governance from INSEAD.
Speaker
Jericho P. Go
President and CEO
RL Commercial REIT, Inc. (RCR)
Jericho P. Go
President and CEO
RL Commercial REIT, Inc. (RCR)
Jericho P. Go, 53, is the President and Chief Executive Officer of RL Commercial REIT, Inc. He also serves as the Senior Vice President and Business Unit General Manager of Robinsons Offices in Robinsons Land Corporation. He is concurrently the President and Chief Executive Officer of Robinsons DoubleDragon Corp. and the Chairman and President of Robinsons Equitable Tower Condominium Corporation, Robinsons Summit Center Condominium Corporation and Galleria Corporate Center Condominium Corporation. He has over 30 years of experience in the field of real estate and was responsible for filing and registering the Philippines' very first IT park with the Philippine Economic Zone Authority (PEZA) in 1997. He received a Bachelor of Arts degree in Development Studies from the University of the Philippines and graduated Magna Cum Laude and Class Salutatorian in 1993.
This session will be conducted in Japanese, with simultaneous interpretation via AI to English & other languages
Speaker
Tateyuki Ikura
Executive Managing Director
The Association for Real Estate Securitization (ARES)
Tateyuki Ikura
Executive Managing Director
The Association for Real Estate Securitization (ARES)
Panelist
Dr. Daniel Feldmann
Senior Portfolio Manager, Real Estate, Asia Pacific
APG Asset Management Asia
Dr. Daniel Feldmann
Senior Portfolio Manager, Real Estate, Asia Pacific
APG Asset Management Asia
Daniel Feldmann joined Hazelview Investmeants (formerly Timbercreek Equities Corp) in February 2012 as Analyst, Global Real Estate Securities. Daniel is based in the Hong Kong office and in his current role is responsible for co-managing Hazelview’s global real estate securities strategies, the financial analyses, valuation and investment recommendation of global real estate sectors and securities.
Daniel has over 12 years of experience in finance, accounting and capital markets and has worked in the public real estate investment market since 2010. Daniel was responsible for Hazelview’s European real estate securities coverage in the Zurich office before transferring to Hong Kong in June 2016 to establish the company's local Asian presence. Prior to joining Hazelview, Daniel was an Analyst of global real estate securities at 4IP Management AG, an Analyst of global real estate securities at Sal. Oppenheim jr. & Cie. Corporate Finance (Switzerland) AG and a Funds Analyst at UBS AG.
Daniel holds a Bachelor of Arts in Banking and Finance, a Master of Arts in Economics and Business Administration and a Ph.D in Business Administration from the University of Zurich. He holds the Chartered Alternative Investment Analyst designation.
Panelist
Masayuki Ozaki
CFO
NTT DC REIT
Masayuki Ozaki
CFO
NTT DC REIT
Mr. Masayuki Ozaki is the Chief Financial Officer of the Manager of NTT DC REIT.
Mr. Ozaki brings close to two decades of experience in real estate investments, particularly in public equities real estate investments in APAC at firms like APG, Heitman, and Fidelity (FMR), most recently serving as a Principal at Blackstone Japan, overseeing fundraising and investor relations for Japanese investors, from October 2022 to July 2024.
Prior to that, between July 2018 and September 2022, he was the Senior Portfolio Manager at APG Asset Management Asia and was involved in equity research and portfolio management of public real estate securities across Asia Pacific. From July 2017 to July 2018, he was the Vice President and Senior Analyst of Asia Pacific real estate securities at Heitman International Real Estate Securities. He was also an Equity Analyst at Fidelity Management & Research (Japan) from September 2013 to December 2016 and Cornerstone Real Estate Advisers from July 2006 to August 2013, covering the public real estate securities portfolio in Japan, Singapore and Australia.
Mr. Ozaki started his career in the financial services departments of Citibank, N.A., Bank of America, N.A., and Morgan Stanley Japan where he, respectively, developed and managed investment products, provided financial and valuation analysis for merger and acquisition and asset securitisation deals, and provided credit analysis of commercial mortgage-backed security loans and managed counter party risks for Japanese financial institutions.
Mr. Ozaki holds a Bachelor of Laws from Keio University and a Master of Management in Hospitality and a Master of Business Administration from Cornell University. He is a Chartered Financial Analyst.
Panelist
Hideo Yamada
CEO
CapitaLand Japan
Hideo Yamada
CEO
CapitaLand Japan
Hideto YAMADA is the CEO for CapitaLand Japan Kabushiki Kaisha (CJKK) and a member of Senior Leadership Council of CapitaLand Investment (CLI). Hideto has more than 40 years of experience in real estate, covering investment, consultancy, corporate management, and cross-border business. Before joining CJKK, Hideto was the Head of Global Real Estate and Co-head of Private Investment Markets in Japan’s Government Pension Investment Fund (GPIF) for six years from 2017 and spearheaded to acquire about 900 billion yen of AUM. Prior to joining GPIF, Hideto was with Mitsui Fudosan Group for 35 years where he made several achievements and took on several leadership roles and in various geographies, including Japan, Singapore, the United Kingdom (UK) and United States of America (USA).
Hideto holds a Bachelor of Arts in International Economics from the Yokohama National University in Japan. He is a Certified Public Accountant (USA), a Fellow Member of the Royal Institution of Chartered Surveyors (UK) and a former member of the Advisory Committee of Land Economy of University of Cambridge, CLEAB.
Moderator
Shobhit Agarwal
MD & CEO
ANAROCK Capital Advisors
Shobhit Agarwal
MD & CEO
ANAROCK Capital Advisors
Mr. Shobhit Agarwal, MD & CEO of ANAROCK Capital Advisors, is a visionary entrepreneur with professional excellence and experience of over 20 years in real estate investments. In his past role, Shobhit led the Capital Market division of JLL India with aplomb. Having handled many marquee transactions, Shobhit has been instrumental in leveraging Indian real estate to the global capital market platform.
During his 17 years stint at JLL, he created a robust platform focussing on client delivery and positioned JLL as India’s market leader in Capital Markets. With equal intensity and expertise, Shobhit also oversaw JLL’s hospitality business and helped various large hospitality chains with Asset Monetisation and Fund Raising. His in-depth knowledge about the sector and deep-rooted relationship with developers and capital providers have resulted into multi-billion dollar deals.
At ANAROCK Capital, Shobhit will steer the strategic direction through the various investment verticals to ensure that ANAROCK’s core philosophy of technology enabled investor-centric decision-making continues to serve the best interest of it’s clients.
Education
Affiliations
Panelist
Dominique Moerenhout
CEO
European Public Real Estate Association (EPRA)
Dominique Moerenhout
CEO
European Public Real Estate Association (EPRA)
Dominique Moerenhout is the CEO of EPRA (European Public Real Estate Association), the voice of the publicly traded European real estate sector. He has been active in the Pan-European real estate investment management sector for over 25 years. Dominique joined EPRA in 2017, moving from BNP Paribas REIM where he held the CEO position for the BeNeLux and Pan-European Real Estate Funds. He started his career in 1997 as a Portfolio Manager followed by five years as an investment management consultant for KPMG Consulting. He then was appointed COO at Fortis Private Real Estate from 2004 until 2011 before becoming the COO of BNP Paribas Real Estate UK in 2011-2014. He holds an MBA from ICHEC Brussels and a CFA from the Belgian Association of Financial Analysts.
Panelist
John D. Worth
Executive Vice President, Research & Investor Outreach
Nareit
John D. Worth
Executive Vice President, Research & Investor Outreach
Nareit
John Worth is the executive vice president, research and investor outreach at Nareit. Prior to joining Nareit, Worth was the chief economist of the National Credit Union Administration from 2010 to 2015. Prior to joining NCUA, he spent nearly a decade at the U.S. Treasury where he served as the director of the Office of Microeconomic Analysis. Worth has also worked as a consultant for Welch Consulting and the RAND Corporation. He holds a Ph.D. in economics from the University of Southern California.
Moderator
Kenji Utsumi
Partner, Tokyo Office
Nagashima Ohno & Tsunematsu
Kenji Utsumi
Partner, Tokyo Office
Nagashima Ohno & Tsunematsu
Kenji Utsumi is a partner at Nagashima Ohno & Tsunematsu. He has advised clients, as their main legal counsel, on large transactions, particularly real estate transactions and transactions in the life sciences industry, several of which have been nominated for special recognition as the “Deal of the Year in Japan” in their particular categories. He regularly counsels a number of TSE and SGX listed REIT clients as well as real estate private equity funds on a wide range of matters including formation, public offerings, M&A and restructuring of REITs and real estate private equity funds. He has substantial experience with respect to real estate private equity funds and has represented fund arrangers, fund investors, lenders and tenants, and was recently informed that he is known as “the lawyer who has assisted his clients in acquiring the largest amount of real estates in Japan.”
He earned an LL.B. from the University of Tokyo in 1992 and an LL.M. from University of Pennsylvania Law School in 1999. He was admitted to practice in Japan in 1994 and worked at the Los Angeles office of Paul, Hastings, Janofsky & Walker as a visiting attorney in 1999-2000. In addition to his private practice, Mr. Utsumi lectured Civil Law at The University of Tokyo School of Law as an Adjunct Professor of Law from 2022 to 2025.
At JLL, we take pride in doing things differently. We see the built environment as a powerful medium with which to change the world for the better. By combining innovative technology and data intelligence with our world-renowned expertise, we’re able to unveil untapped opportunities for success.
We help buy, build, occupy and invest in a variety of assets including industrial, commercial, retail, residential and hotel real estate. From tech startups to global firms, our clients span industries including banking, energy, healthcare, law, life sciences, manufacturing, and technology.
APREA is committed to making our events more environmentally responsible. We work closely with our event partners, venues, and suppliers to embed sustainability into the way we plan and execute our gatherings across the region. Our goal is to continually reduce our environmental footprint and promote responsible practices across the real assets industry.
Our key sustainability measures in our events include:
Through these steps, we aim to make every APREA event a reflection of our broader commitment to a more responsible and resilient industry.
Kemmu Kawai joined Longevity Partners Japan in September 2022 as the Country Director. Based in Tokyo, he oversees all operations and activities in Japan, the Asia-Pacific region and beyond. He brings him more than 16 years of experience in finance where he specialised in real estate and credit investments. Before joining Longevity Partners, he served as a Portfolio Manager at Norinchukin Bank and as Investment Manager at Center Point Development.
Kemmu Kawai
Managing Director
Longevity Partners