Ellen Ng
Managing Director, Co-Head of Asia Real Estate Warburg Pincus, LLC
Speaking at
Capital Markets Forum
The ULI Asia Pacific Capital Markets Forum is the marquee event for the ULI investment community. This forum will deliver critical insights into emerging investment opportunities across Asia Pacific's dynamic property markets. The Forum will investigate the key trends in Asia Pacific real estate investment. What are institutional investors looking for? Where can distressed situations be found? Which sectors will produce the best returns? Which markets offer the best opportunities? How can asset owners drive value creation in their properties?
The ULI Asia Pacific Capital Markets Forum offers three hours of in-depth analysis and strategic discussion which will inform your investment approach in 2025 and beyond.
14.00 – 14.05 - Welcome & introduction
14.05-14.25 Asia Pacific Real Estate Investment Market Update
Real estate capital markets began to recover in terms of transaction volumes in late 2024, but the regional and global economic and political outlook remains uncertain. This presentation will provide up-to-date insights on the macro picture for the region, what equity market movements indicate may happen in direct real estate and signs of recovery in China and Hong Kong.
14.25 – 15.05 Investor panel: where to allocate capital in Asia Pacific?
Institutional and family office investors targeting real estate across the Asia Pacific discuss their outlook on the investment environment. What does Asia Pacific offer to global investors? Is logistics still favoured in a deglobalizing world? Which sectors and markets do investors favour and which do they avoid? Which strategies will attract LP dollars?
Panellists:
Graeme Torre, Managing Director, Head of Real Estate Asia Pacific, APG Asset Management
Emilia Teo, Managing Director, TE Capital
15.05 – 15.45 Japan: getting away from the crowds
Japan is as popular with real estate investors as it is with tourists. Where can you find assets at the right price? Could corporate Japan be the place to secure assets and hit return targets, and counteract the rising cost of debt?
Moderator: Joel H. Rothstein, Shareholder, GreenbergTraurig
Panellist(s):
Laurent Jacquemin, CEO AXA IM Japan and Head of Asia Pacific, AXA IM Alts
Jon Tanaka, Head of Asia Pacific and Country Co-Head of Japan, Hines
Kunihiko Okumura, Asia Pacific Co-CIO and Head of Japan, LaSalle Investment Management
15.45-16.05 Networking break
16.05-16.40 A deep dive into data centres
Asia Pacific data centre transactions rose tenfold year-on-year in 2024 and demand continues to rise, driven by the needs of AI and digitalising economies. We examine the outlook for this red-hot sector and how to access it.
Panellist(s):
Morgan Laughlin, Managing Director, Global Head of Data Center Investments, PGIM Real Estate
16.45 -17.25 Panel: Unlocking value in Asia Pacific real estate
In the absence of widespread repricing, where can investors in Asia Pacific real estate find value? Leading investment managers discuss options across markets, sectors and investment avenues. The discussion will cover distressed opportunities, sweating assets, using and investing in debt, adding value with ESG and more.
Panellist(s):
John Pattar, Partner, Head of Real Estate Asia, KKR
Calvin Chou, Managing Director, Head of Asia Pacific, Invesco Real Estate
Ellen Ng, Managing Director and Co-Head of Asia Real Estate, Warburg Pincus
17.25-17.30 - Conclusion