In this issue of APREA 的真实资产、真实人物, we talk to a new generation of leaders to gain insights on their journey in the real assets industry.
下面是 Andy Lim, Founder of The Land Managers. The Land Managers (TLM) Holdings is a boutique real estate investment firm with gross assets under management of approximately S$400 million. Part of the JL Family Office (JLFO), TLM invests in value-add and development opportunities in gateway cities globally across all asset classes.
在从事房地产/基础设施行业之前，您是做什么的？
I was a corporate real estate lawyer at Allen & Gledhill LLP prior to my first role in private equity real estate.
是什么激励您投身于房地产行业？
Moving into the investment and private equity side of real estate was a natural progression for me given how real estate has been a large part of my adult life. There is something special about the tangible nature of real estate and its place as a conduit of social interactions which makes it so unique as an asset class. The whole process from sourcing a deal, adding value to an asset and its eventual successful exit is something which keeps me coming back for more.
在当前的实物资产投资环境中，您认为有哪些重要机遇？
This is the year we see a massive paradigm shift happening across the private equity real estate universe. The prospect of higher rates for much longer is starting to weigh on the entire sector and we should see more price moderation in specific sectors like commercial assets across the globe in the second half of this year. We are still bullish on key themes coupled with supply demand dynamics which can ride through such economic headwinds. For example, we like taking some developmental risk on residential build-to-rent assets in key developed markets like the UK and Japan. We also think the supply demand dynamics in the Australian logistics sector provides a window to invest in assets which provide opportunities for value add and floor area intensification.
你平时喜欢做什么来消遣？
I’m an avid golfer and long distance runner! Covid was a great reminder that health is indeed wealth so I started running during Covid and I have now completed two marathons and two half marathons! Age is not a limit!
您能与APREA的其他成员分享哪些经验或建议？
The whole industry is going though a challenging investment climate. It will be even more critical for investors and asset managers in this cycle to demonstrate value beyond positive carry, requiring a deeper understanding and sharper execution capabilities to generate returns.
