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Principal Asset Management targets Asia-Pacific property while advising US focus

By PulseAugur Editorial · [1 sources] ·

Principal Asset Management is increasing its focus on Asia-Pacific property markets, particularly the office sector, which it believes investors have been underweight on. The firm's executive, Sir Richard Hill, noted that institutional investors in the Asia-Pacific region are also showing interest in US commercial real estate. Despite this, Hill advises investors to maintain their primary focus on US real estate opportunities. AI

RANK_REASON Article discusses investment strategy and market outlook from a money manager, not a core AI development.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Principal Asset Management targets Asia-Pacific property while advising US focus

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Article discusses investment strategy and market outlook from a money manager, not a core AI development.
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Cheryl Arcibal ·

    Money manager eyes Asia-Pacific property for growth, but tells investors to keep bet on US

    US-based money manager Principal Asset Management says it is poised to become more active in Asia-Pacific property markets, believing investors have been “underweight” in the region’s office property segment. Richard Hill, its senior managing director and head of global real esta…

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