As Europe's real estate recovery gathers pace, Stoneweg Europe Stapled Trust CEO Simon Garing makes the case for why the trust's respositioned logistics portfolio, data centre ambitions, and approach to management incentives make Europe a timely conversation for REIT investors.
Ask most Singapore investors where they look for real estate exposure, and the answers tend to be predictable: Singapore REITs with malls they shop in, offices they work in, or data centres they have read about.
Look further afield and the conversation usually turns to the US or China.
Europe, almost without fail, gets passed over.
Simon Garing thinks this is a mistake, and one that is becoming more expensive to make.
"The Europe economy is diverse," he says.
"It's almost as big as the US and China collectively, across 27 countries. It provides Singapore investors with a unique opportunity to capture real estate returns that are typically higher than out of the US and China. And it's freehold....