Cohen & Steers eyes Asian emerging-market property
The US real-estate investment firm has until now been involved only in relatively developed Asian markets, but it sees opportunities arising in countries such as India.
Emerging property markets in Asia are seeing improvements in terms of corporate governance and regulatory certainty, and so look increasingly attractive, says US property investment manager Cohen & Steers.
Organisations such as the Asian Public Real Estate Association (Aprea) are encouraging more sophisticated methods in areas such as real-estate investment trusts (Reits), says Luke Sullivan, Asia chief investment officer at Cohen & Steers in Hong Kong. The US and Australia…
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