Developed niche sectors in US property draw Asia Pacific asset owners
The ease of direct investments into property firms and the availability of niche sectors in the US have drawn asset owners such as Australia’s Aware Super and Korea’s Poba.
Asset owners in Asia Pacific are looking to increase their allocations in US property, particularly in niche sectors such as multi-family, retirement and affordable housing, which remain nascent in Asia.
The availability of multi-family and retirement investments in the US, two sectors that the fund has been focused on, made the country an important target to Aware Super, senior portfolio manager Alek Misev told AsianInvestor.
He noted the sectors were not as well established in…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.