The Future of REITs:
Challenges and Opportunities Faced by REITs in Asia ex-Japan
In conjunction with the Fortune Times REITs Pinnacle Award 2016, the NUS Institute of Real Estate Studies (IRES) assisted in co-organizing a Forum on "The Future of REITs: Challenges and Opportunities Faced by REITs in Asia ex-Japan" on the 18th of Nov 2016 at the Equarius Hotel, Resorts World Sentosa.
The event attracted distinguished industry guests from Singapore, China and the region.
"Real Estate Investment Trusts (REITs) have been gaining significant market traction amid the low interest rates of recent years. Despite the pressures of its underwhelming hospitality and industrial sectors, and ongoing foreign manpower tightening measures, Singapore Real Estate Investment Trusts, or better known as S-REITs have registered a 14.2% total average returns in 2016 thus far, with an average dividend yield of 6.7%. Given these sanguine figures, most investors have solid reasons to believe REITs should be a portion of their portfolios. On the other hand, due to a relatively lacklustre performance of the equity market, many REITs in Singapore, are currently being traded at attractive valuations."
– Fortune Times
Professor Deng Yongheng (Provost's Chair Professor of Real Estate & Finance; Director, NUS Institute of Real Estate Studies) delivered a speech on “The Impact of REITS IPO News on Real Estate Stocks”.
Other invited speakers and panelists included Dr. James Geng Jing (President, Greenland Financial Holdings Group, China); Fred Wang (Secretary-General, China REITs Alliance, China); Peter Lai (Executive Director & CEO, EC World REIT); Victor Tan (CFO, First REIT); A/Prof. Sing Tien Foo (Deputy Director, IRES); Peter Verwer (CEO, APREA) and Gabriel Yap (Executive Chairman, GCP Global).