OUTLOOK
Growth Potential of REIT Market in Asia
Source : NAREIT , Oxford Economics ( August 2021 ) * Estimates assuming public REIT market timeline with the amature market such as
US ( USD bn )
• US REIT growth has been phenomenal , REIT market cap to GDP at 6.1 % and 8.3 % for Australia . Both are the world ’ s most developed REIT markets
• Japan REIT market , Asia ’ s largest developed economy , only represents 3.2 % of GDP
• South Korea ’ s REIT , Asia ’ s second biggest developed economy , represents 0.2 % of GDP despite government stimulus for the public REIT market
• The market cap growth potential fpr Asia is enormous and we expect more development in the next decades
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