Better than Westfield

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It may surprise you, but the assets within Asia’s listed property trust are as good, if not higher, quality than those found within Australian REITS, says Corrine Ng from APN Property. To test this she looks at how Westfield stacks up against an Asian peer. Watch the video below to see who comes out on top.

Key points

  • The quality of assets in the Asian REIT sector is as good as, if not better, than Australian assets.
  • For example, Vivo City, a true ‘destination’ shopping centre in Singapore, owned by Mapletree Commercial Trust is comparable to Westfield Sydney. Both have sales of around $1 billion per year.
  • The Hong Kong office market is a strong theme to get exposure to. Rents are high, and going higher.

The APN Asian REIT Fund is an income focused property securities fund that taps into an undiscovered region of opportunities. Find out more


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