Greystar and APG Launch Mingtiandi APAC Residential Forum
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Dominic Doran, Director, Private Real Estate, Asia-Pacific, APG Asset Management
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Ed Boyd, Senior Managing Director, Investment Management, Asia Pacific, Greystar
Along with logistics, multifamily residential has been the only asset class to surpass pre-pandemic levels in Asia-Pacific over the past two years, according to data from Real Capital Analytics, as investors turn to housing rental for stable returns and alternatives to a hard hit commercial sector.
Investors spent $7.5 billion buying multi-family income-generating assets in Japan, Australia, Greater China and other major Asia-Pacific markets last year, RCA figures show. this total exceeding the average from 2015 to 2019 by 25%.
To learn more about the allure of rental housing investment, Mingtiandi hosted our second annual online forum focused on Asia-Pacific residential markets, and will kick off the series of events on Tuesday, March 15 with a featured interview. which will bring together executives from Greystar, the American multi-family housing specialist, and APG Asset Management, in the Netherlands, on our live video platform MTD TV.
The Greystar and APG interview is the first event in a five-part series sponsored by Yardi, which will include panel discussions on residential strategies in Greater China, Japan and Australia, as well as a session dedicated to debt financing in the region.
Partners on stage
With Greystar reportedly set to close an APAC-wide $1.05 billion multi-family fund with APG as one of the lead backers, the opening session of the Residential Forum on March 15 will bring together the US firm’s Senior Managing Director for Investment Management Ed Boyd and APG’s Director for Private Real Estate Dominic Doran for an exclusive discussion on what comes next for long-term partners.
Greystar’s LIV’N 833 project in Shanghai’s Changning district
Following the live discussion moderated by Michael Cole of Mingtiandi, there will be a live Q&A session for attendees to connect directly with the speakers.
Entrance to the show is free for all registered members of Mingtiandi, and you can create your account here.
Greystar and APG have been working together on multi-family opportunities in Asia since 2018, with the partners announcing their first project in Shanghai in February 2019. They have continued with ventures in Japan and Australia, with Greystar having now raised $1.8 billion in capital commitments in the third quarter of last year.
Target markets
After the opening interview program, the Mingtiandi APAC Residential Forum will continue on Tuesday, March 22 with a panel discussion on Multifamily Investing in Greater China with Claire Tang, Co-CIO for Asia-Pacific and Head of Greater China for LaSalle Investment Management; Sachin Doshi, founder and CEO of Weave Living in Hong Kong; Keith Chan, CEO of mainland multi-family operator Funlive and a speaker to be named shortly.
Japan will be the focus of a panel discussion on Thursday, March 24, when MTD TV will host Laurent Jacquemin, Head of Real Assets for Asia Pacific Real Assets at AXA IM Alts, Emilia Teo, Managing Director of Singapore TE Capital Partners, Minoru Machida, CEO of Tokyo Trust Capital in Japan and a speaker will be named soon.
On Tuesday March 29, the forum will continue with a panel on the Australian market, and the series of events will end on Thursday March 31 with a panel on debt investment strategies.
Full forum details, including speaker biographies and a registration forum, are available here.
