2023 opened with mixed signals and uncertainty about global capital markets – are the interest rate hikes stopping as inflation subsides? How are geopolitical tensions globally affecting institutional investors’ allocation to real estate, especially across Asia? Will this be a year of tremendous opportunities as real estate markets are potentially set to correct? And what is the latest forecast on key economic indicators in major markets that can affect investment decisions? We will be exploring those questions and more at the Capital Markets Forum.
Programme
10:15am Introduction
Sue Ann Lim, Business Development Director, Apex Fund Services
10:17am Welcome Remarks
David Faulkner, President, ULI Asia Pacific
Jon Tanaka, Senior Managing Director and Japan Country Head, Hines
10:20am ULI Asia Pacific Economic Indicators Forecast
The ULI APAC Economic Indicators Forecast is a flagship bi-annual publication summarising the macro and real estate indicators from a survey of industry practitioners and covers six markets – Singapore, Hong Kong, Sydney, Seoul, Shanghai, and Tokyo. How have forecasts changed from six months earlier – and why? What signals should we be watching out for looking ahead?
Pamela Ambler, Head of Investor Intelligence & Strategy, Capital Markets, Asia Pacific, JLL
10:35am LP Panel Discussion: What Is the Current Appetite of Global and Asian LPs for Investing Across Asia
What is the current appetite of Global and Asian LPs in investing in real estate across Asia Pacific? What are the challenges and where are the most interesting opportunities? And what structures do LPs prefer to utilise in the uncertain economic climate?
Moderator: Jon Tanaka, Senior Managing Director and Japan Country Head, Hines
Panelists:
Jun Ando, Managing Director – Investments, Asia Pacific, Cadillac Fairview
Joe Chien, Managing Director, Regional Head Private Real Estate Asia, Partners Group
Sangwook Kang, Director Real Estate Group, Korea Investment Corporation Singapore Office
11:15am Macro and Geopolitical Headwinds Impact on Real Estate Investment
How do the current macro and geopolitical headwinds affect investors’ decision making and strategy in the near, medium and long terms? How does the de-globalisation trend affect the markets in APAC? And what are the most important trends to watch for 2023?
Martin Siah, Singapore Country Head, Head of South East Asia Global Corporate and Investment Banking and Co-Head of Asia Pacific Real Estate, Gaming and Leisure, BofA
11:30am Debt Panel Discussion: Current State of the Debt Capital Markets
Under the looming potential banking crisis coupled with rising interest rates, real estate investors had to rethink their debt financing strategies and change underwriting of their future and existing transactions. What does the future hold for the debt markets in Asia? Are the debt funds finally having a renaissance and where are the opportunities for lenders and for borrowers alike?
Moderator: Joyce Lo, Director, Private Capital Advisory Group, and Asia Pacific Real Estate Specialist, Lazard Asia
Panelists:
Patrick Boocock, Chief Executive Officer, Private Equity Alternative Assets, Real Assets, CapitaLand Investment
Paul Brindley, Head of Debt Advisory, Asia Pacific, JLL
Rohan Sikri, Senior Partner, The Xander Group, Inc.
12:10pm Wrap Up and Closing
Stuart Crow, CEO Capital Markets APAC, JLL
12:15pm Forum concludes
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