Most of the time, when discussing Asian business, China hogs the limelight. So it is a novelty in the real estate industry that a sluggish Chinese market is allowing some of its regional counterparts to take centre stage.
The Asian investor
market that is most interesting is Japan and we predict continued interest in most sectors
“We see the continued search for high-quality income buildings in gateway cities, such as Tokyo, Seoul and Sydney, due to the ongoing demand for stabilized core assets,” says Gabbay. “In addition, there is extremely positive investor sentiment for the logistics space throughout Asia as a hedge to the impact of the internet on retail and performance of the asset class through the economic cycles.”
A source at another large real-estate company highlights the shortage of modern logistics facilities in markets such as China, which is driving demand.