REITs in Asia are a diverse bunch. The type of property these funds hold varies widely, ranging from multibillion dollar commercial malls in city center locations, to logistics warehouses in emerging markets. There’s an old investing maxim that the American author Mark Twain penned: “Buy land, they’re not making it anymore.” It’s perfectly sensible advice. If the supply is scarce and the demand keeps growing, the price is going up. But why stop there? You can considerably enhance the value of land by building things on top of it, and then managing the valuable properties that come into existence. The problem is that while you might have the money and business acumen to potentially pull this off, you might not be an expert in an area or have access to the most interesting deals. Fortunately, you can become an investor in companies that specialize in this area....