APREA Chief Says REIT Race Underway in Asia

Peter Verwer, chief executive of the Asia Pacific Real Estate Association (APREA), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

APREA represents and promotes the real estate asset class in the Asia Pacific region. It is the industry body for the suppliers and users of capital in the real estate sector.

Verwer discussed developments surrounding listed real estate in India, the potential of the Chinese market, and the outlook for other emerging markets in Asia.

“We see the next few years in Asia as being incredibly exciting,” Verwer said. He added that Asia is “going to be the crossroads of REITs on the planet."