Mini trucks in the parking lot received more than 40% of the returns
The high price of traditional housing has resulted in a high return, which has attracted investors to pay attention to alternative investments, including parking lots, mini-warehouses, data centers, accommodations for students and the elderly, sharing and sharing, and so on, with a return of over 4%. Ma Anping, head of Jones Lang LaSalle’s research department, said that the Hong Kong Education and Data Center is the most attractive investment, and the return on alternative real estate is 10% to 2 times higher than that of traditional properties.
Rohit Hemnani, president of the Jones Lang LaSalle Asia Pacific Capital Market Operations and Head of Alternative Assets, said that looking around the world, alternative real estate markets in the Asia-Pacific region are less mature than those in Europe and America. However, as investors seek high returns, related assets are concerned. Investors include real estate trust funds, equity funds and developers. In 2016 alone, these five categories of alternative investments exceeded 43 billion U.S. dollars.
Accommodation for the elderly is expected to expand significantly
According to Jones Lang LaSalle data, Tokyo and Singapore alternative real estate such as data center returns ranged from 6% to 7%, Sydney 4% to 6%. Tokyo office returns 4.5% to 5%, while Sydney is 2.5% to 3.5%; Tokyo and Sydney’s malls return 4.5% to 5.5% and 2.5% to 4%.