APAC living sector attracts investor attention
Kensho is specializing in German and European investment in residential real estate in Japan. The background: As the head of the Kensho predecessor Kenzo Capital Corporation, our President and CEO Dr. Leonard Meyer zu Brickwedde launched the first German special fund for Japanese residential real estate in 2017.
Therefore, we are pleased to read that the so-called “living sector” in Asian-Pacific countries is continuing to attract the attention of foreign investors. A new report by CBRE explicitly states that Japan is leading the region in living sector investment volumes, with its multifamily sector being the most developed market, attracting institutional capital, REITs, and global investors.
“In Tokyo the yield spread for multifamily over office assets is 50-55 basis points,” told Ada Choi, Head of Research, Asia Pacific for CBRE, the journal Real Estate Asia.
The living sector in Asia Pacific is encompassing student housing, co-living, serviced apartment, rental housing/multifamily, and senior living. Investors are attracted by the growth of the region’s expatriate population, low homeownership affordability, and the effectiveness of rental residential investments as an inflation hedge, says the CBRE report.
”The lure of the living sector: How the APAC living sector is attracting investor attention”
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