Baker & McKenzie and The Trust Company yesterday launched the 2010 Asia-Pacific REIT Survey. The results of a benchmark survey of senior property professionals, the Survey captures the perceptions of the Real Estate Investment Trust (“REIT”) markets across the Asia-Pacific region.
The Survey canvassed the opinions of 140 local and regional property professionals regarding the prospects for REITs across 13 Asia-Pacific markets – Singapore, Australia, China, Hong Kong, India, Korea, Taiwan, Malaysia, Japan, Vietnam, The Philippines, Thailand and Indonesia. For each jurisdiction, the regulatory and tax framework, investment regime and developments which may affect the local REIT participants are described.
"The Survey highlights some interesting views amongst our clients and other property professionals," said Milton Cheng, partner in Baker & McKenzie's Hong Kong office and head of the Firm's Asia-Pacific REIT practice. "Investors in Australian REITs, for instance, should be encouraged by very strong anticipated growth prospects for next year, while Singapore retains its top-tier ranking in terms of overall market growth, opportunities and regulatory support. We also measured some interesting findings amongst those looking to new REIT markets, such as The Philippines and China."
"In the fourth year of the Survey, and after the volatility of the past few years, it is encouraging to see that long-term confidence in regional REIT markets have returned," said Andrew Cannane, General Manager Business Development at The Trust Company. "New jurisdictions are opening to foreign investors where the requisite legal and regulatory structures for REIT investments are taking shape. We hope that this Survey will provide investors with strong and reliable indicative data about the opportunities and risks in the development of the Asia-Pacific REIT market, together with key information to help inform their investment decisions."
Asia-Pacific REIT Survey
The Survey canvassed the opinions of 140 local and regional property professionals regarding the prospects for REITs across 13 Asia-Pacific markets – Singapore, Australia, China, Hong Kong, India, Korea, Taiwan, Malaysia, Japan, Vietnam, The Philippines, Thailand and Indonesia. For each jurisdiction, the regulatory and tax framework, investment regime and developments which may affect the local REIT participants are described.
"The Survey highlights some interesting views amongst our clients and other property professionals," said Milton Cheng, partner in Baker & McKenzie's Hong Kong office and head of the Firm's Asia-Pacific REIT practice. "Investors in Australian REITs, for instance, should be encouraged by very strong anticipated growth prospects for next year, while Singapore retains its top-tier ranking in terms of overall market growth, opportunities and regulatory support. We also measured some interesting findings amongst those looking to new REIT markets, such as The Philippines and China."
"In the fourth year of the Survey, and after the volatility of the past few years, it is encouraging to see that long-term confidence in regional REIT markets have returned," said Andrew Cannane, General Manager Business Development at The Trust Company. "New jurisdictions are opening to foreign investors where the requisite legal and regulatory structures for REIT investments are taking shape. We hope that this Survey will provide investors with strong and reliable indicative data about the opportunities and risks in the development of the Asia-Pacific REIT market, together with key information to help inform their investment decisions."
Asia-Pacific REIT Survey
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