Panelist

Mr. Morgan Laughlin

Managing Director, Global Head of Data Center Investments PGIM Real Estate

Morgan A. Laughlin is a managing director and global head of Data Center Investments. Morgan is also member of the Asia Pacific Investment Committee and the Asia Pacific Executive Committee. Prior to January 2024, Morgan was also country head for PGIM Real Estate in Japan and Korea. During his time at PGIM, he has also held the roles of head of Asia Pacific, head of Asia Pacific Debt and chairman of the Asia Pacific Investment Committee. Morgan joined PGIM Real Estate from Grosvenor Fund Management, where he was a regional director responsible for overseeing the Asia Pacific region. Prior to Grosvenor, Morgan spent five years with Royal Bank of Scotland in several positions including head of Real Estate Finance, head of Japanese Coverage and Origination, and regional head of Real Estate Advisory. In 1999, Morgan established DB Real Estate (RREEF) for Non-Japan Asia and continued to lead that business unit until mid-2006. Prior to it being acquired by Deutsche Bank AG, Morgan worked for Bankers Trust Company, where he held various roles in corporate finance, asset backed finance and international banking. Morgan began his career in investment banking at PaineWebber in New York. Morgan has been based in the Asia Pacific regions since 1989. Morgan has a bachelor’s degree in Latin American studies from Columbia College. He has lived and worked in the United States, Japan, Thailand, Singapore and Hong Kong.

Speaking at

Tue 27 May 2:00 PM — 5:30 PM (GMT+08:00) Beijing, Chongqing, Hong Kong, Urumqi

Capital Markets Forum

Mr. Calvin Chou, Invesco

Mr. Laurent Jacquemin, AXA IM Alts

Mr. Morgan Laughlin, PGIM Real Estate

Ellen Ng, Warburg Pincus, LLC

Mr. Nick Okumura, LaSalle Investment Management K.K.

Mr. John Pattar, KKR

Mr. Joel Rothstein, Greenberg Traurig

Mr. Jon Tanaka, Hines

Ms. Emilia Teo, TE Capital Partners

Mr. Graeme Torre, APG Asset Management Asia

Type Concurrent Session Open to All Attendees Separate Registration Required

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

Mr. Morgan Laughlin

Managing Director, Global Head of Data Center Investments PGIM Real Estate

Speaking at

Capital Markets Forum

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