SINGAPORE – Dec. 12, 2024 – Joel H. Rothstein, Chair of the Asia Real Estate Practice at global law firm Greenberg Traurig, LLP, participated in an annual roundtable hosted by Private Equity Real Estate (PERE) with thought leaders from across the region discussing the evolving dynamics of the Asia-Pacific real estate market.
The roundtable discussion, which also is featured in the December 2024/January 2025 issue of PERE Magazine, covered the impact of recent major mergers and acquisitions consolidations, the region's attractiveness compared to other markets, and trends in cross-border and regional investments. Participants examined liquidity levels in the private real estate market, capital flows, and the implications of reduced investment activity in China. Key topics also included changes in transaction bid-ask spreads, risk-return strategies across investment types, shifts in opportunities for real estate debt, and the effects of Japan’s policy rate increase.
The roundtable participants discussed the increasing complexities associated with executing transactions in Asia, but agreed that the region remains quite attractive. According to Rothstein, “Asia-Pacific generally is still the market of the 21st century in terms of the demographic changes that support investment in real estate, and it is attractive from both the inbound and outbound perspective.”
Joel Rothstein leads Greenberg Traurig’s Real Estate Practice in Asia. Based in Tokyo, he works across all the firm’s offices in Asia. He represents clients in international real estate and structured finance transactions. He advises investment banks, financial institutions, private equity funds, sovereign wealth funds, real estate developers, and investors across all major Asian markets and all asset classes. He also leads the firm’s practice in advising Asia-based outbound cross-border investors in structuring, implementing, and managing equity and debt investments in the United States, Europe, Latin America, and the Middle East.
About Greenberg Traurig's Global Real Estate Practice: The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and a recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 700 real estate lawyers from around the world, serving clients from key markets in the United States, Europe & the Middle East, Asia and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The real estate practice advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and hybrids.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.