Asian investors debate post-Brexit European real estate
EPRA attended the ASK Real Estate Summit in Seoul, which attracted over 500 attendees, including major Korean institutional investors. Panellists presented mixed views on the UK market following the Brexit vote. EPRA also attended a very successful seminar on real estate investment trusts (REIT) regimes hosted by North-American association NAREIT, in partnership with the Asset Management Association of China (AMAC). High-level representatives from BlackRock, Green Street Advisors and Cohen & Steers made a strong case for REITs, in the context of China’s potential adoption of a REIT regime. Following the meetings in China, EPRA joined its partners from the Real Estate Equity Securitization Alliance to discuss current financial, regulatory and sustainability activities and reiterated the need for increased global cooperation if we want to achieve the best results for our industry.