Asian Public Real Estate Association
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The Asian Public Real Estate Association (APREA) is a non-profit industry trade group of Asian Real Estate Investment Trusts -- that continent's equivalent of the National Association of Real Estate Investment Trusts (NAREIT) and European Public Real Estate Association (EPRA). It is based in Singapore. It is for both publicly listed and private Real Estate Investment Trust (REIT), and was established in 2005.
Asian Public Real Estate Association to Advance Real Estate Industry
Generally, APREA's goals are to promote real estate investment, promote the interest of REITs and to represent the industry to governments in the region. Jaime Ysmael of Ayala Land Inc is the President. They currently have 134 members, including institutional investors, REITs, other commercial real estate companies, real estate consultants and law firms.
They operate an educational program for real estate professionals, though the APREA Institute.
They have Chapters in Singapore, Australia, Hong Kong, Japan, Korea and India.
Therefore, the Asian Public Real Estate Association is working hard to promote property investment in Asia. They don't cover Real Estate Investment Trusts only, but may encourage countries in Asia which don't currently on REIT laws on their books to create REITs in their countries as well.
Next: CapitaCommercial Trust -- one of the largest S-REITs in Singapore
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