We review the major real estate markets and analyze their economic cycles before setting our annual investment strategy. We also analyze the supply-demand balance in the rental market as well as the capital investment market, and research new investment opportunities untapped by the mainstream global investors. Our investment themes are then set accordingly, leading to clear investment criteria and guidelines for the origination team to follow.

Our investment strategy is based on:

• A research-based process with medium to long term horizons
• Local market expertise to invest in arbitrage, value-added and core plus opportunities based on market trends, socioeconomic changes, and demographics
• A focus on value creation through active asset management