The Case for South East Asia Retail - Structural Opportunity vs. Trading Strategy

> Asia Pacific retail sales rose from US$3.2 trillion in 2006 (31% of the worldwide total) to US$3.8 trillion in 2011 (41% of the total), and the growth was at least four times faster than in Western mature economies.

> Within Asia Pacific, South East Asia tends to be overshadowed by these bigger and more high profile players that surround it. However, South East Asia retail markets also feature strong demographic growth; economic resilience, strong tourism potential and the growing retail market maturity.

> South East Asia presents differing retail investment opportunities, which vary significantly from country to country. Opportunities are mainly limited to the major cities in emerging markets but these opportunities are expanding into fringe areas of capital cities, and second tier cities for maturing and mature markets.

This report is authored by Pramerica. 

동남아 리테일 시장-구조적 기회 혹은 거래 전략

-아태지역의 리테일 매출은 2006년 3조 2천억 달러에서 (전세계의 31%)에서 2011년 3조 8천억 달러로 (전세계의 41%) 증가했다. 이 증가세는 서구 성숙 시장에 비해 4배이상 빠른 속도이다.

-아태지역 역내에서 동남아는 주변의 규모가 더 크고 위상이 더 높은 국가들에 의해 가려지는 경향이 있다.그러나, 동남아 리테일 시장은 탄탄한 인구 성장, 경제 탄력성, 강력한 관광 잠재력, 성장하는 리테일 시장 성숙도 등을 보이고 있다.

-동남아는 다양한 리테일 투자 기회를 제공하고 있으며,나라별로 큰 차별성을 보이고 있다. 현재 기회는 주로 신흥시장에 한정되어 있으나, 점차 각 수도 외곽지역과, 성숙시장이나 성숙중인 시장의 2급도시로 확장되고 있다.

전체 리포트는 첨부된 파일을 다운로드 하시기 바랍니다.

23 APRIL 2013, HONG KONG

ANREV recently brought together Korean and international investors for its inaugural Korean Conference in Seoul.

The event, which attracted around 250 attendees, addressed future strategies for Korean capital and how the industry can support Korean investors’ international ambitions.

Attendees included 70 participants representing 19 Korean institutional investors as well as close to 20 international investors active in the Asia-Pacific region.

“This was the largest ever gathering of Korean and international capital in this region and demonstrates the importance of this investor group and the interest in understanding its international strategies,” said Nicholas Loup, Chairman of ANREV, and Chief Executive of Grosvenor Asia Pacific.

The event included a keynote address from pre-eminent economist Dr Ku Hyun Jung, Professor at the Graduate School of Management at KAIST as well as discussions on favoured strategies for Korean investors such as through non-listed property funds, investment joint ventures and direct acquisitions. In addition, there were updates on the property markets of Asia-Pacific, the US and Europe and an overview of how ANREV is supporting transparency and research in the industry.

The importance of the future of this emerging investor group was reflected in the support shown by industry participants including the following event sponsors: Grosvenor, LaSalle Investment Management, Morgan Stanley, Aberdeen, AXA Real Estate, CBRE Global Investors, Gaw Capital Partners, Hodes Weill & Associates, Invesco, Monument Group, Prudential, ProLogis, AMP Capital, Jones Lang Lasalle and Probitas Partners.

The ANREV Korean Conference will now form an important part of ANREV’s annual calendar with a second event planned for spring 2014.

ANREV’s next major event will be its Annual Conference to be held in Singapore on Tuesday 23 and Wednesday 24 October. The event will focus on the strategies for find value and growth from Asia’s mature markets including Singapore, Japan, Australia and Hong Kong.

The Annual Conference will bring together around 300 of ANREV’s membership which comprises institutional investors, fund managers and advisors in the non-listed property funds industry.

Contact us

Jeremy Stewardson, Chief Executive, [email protected]

T: +852-3757 9790

Alan Dalgleish, Director of Research and Professional Standards, [email protected]

T: +852-3757 9792