Admiral Investment, a Hong Kong-based asset manager launched in November this year, is planning to position itself as a specialist in the niche REITs and property market in Asia.
Victor Yeung, chief investment officer of the firm, told Asia Asset Management that his firm will leverage its expertise in real estate to launch a flagship REIT fund early next year.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The firm is also planning to partner with Japanese real estate entity Real Capital to pursue property investments in Tokyo, according to the publication.
"We will target the local property projects with valuations of less than 5 billion yen (US$48.5 million) because the market lacks asset managers with investment experience in small-size property projects," Yeung said.
"Our outlook for Asia property remains positive, with rental returns holding moderate. We do not expect an abrupt end to quantitative easing in the US. The US Fed desires continuity in its monetary policies, judging from its recent messages and the appointment of Janet Yellen as the next chairman," the publication further quoted Yeung as saying.
Yeung revealed that their flagship fund will have an 80% weighting in Asian REITs and will place the remaining 20% in property stocks and fixed income.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
