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.
Daniele Horton, founder and principal of Verdani Partners and head of sustainability at Parkway Properties, Inc. (NYSE: PKY), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Parkway Properties owns and operates office properties located in higher-growth submarkets in the Sun Belt region of the United States. Horton discussed Parkway’s strong improvement in sustainability, as measured by the Global Real Estate Sustainability Benchmark (GRESB) survey.
Peter Verwer, chief executive of the Asia-Pacific Real Estate Association (APREA), joined REIT.com at NAREIT headquarters in Washington for a video interview.
Verwer took over as head of APREA this year from former chief executive Peter Mitchell. Verwer discussed some of his priorities for the organization. He described the current environment in the Asia-Pacific market as “one of the greatest opportunities for real estate wealth creation that we’ve ever seen.” As such, he said his chief objective is to expand opportunities for real estate investment in Asia.
Mark Peternell, vice president for sustainability with Regency Centers Corp. (NYSE: REG), discussed some of the shopping center REIT’s new green initiatives in the latest edition of the NAREIT Podcast.
Peternell described how Regency Centers has incorporated its “greengenuity” sustainability program into its corporate culture and made sustainability part of its “core values.”
Charls gave a broad overview of developments in the European property market, starting with the arrival of REITs in the Spanish market about a year ago. Spanish REITs have performed “very well,” according to Charls. He noted that hedge fund managers Paul Soros and John Paulson were among the first investors in Spanish REITs: “You can’t imagine a better place to start it off.”