Listed Real Estate Asia, KT Capital Group

Jacob Cheng

Jacob has 7 years of professional buy-side experience in real estate investment and listed equities.  Jacob worked as a portfolio manager/analyst in Global Listed Real Estate team in AMP Capital and Macquarie Asset Management.  Prior to that, Jacob has spent 5 years in APG asset management, in the listed real estate team.  As one of the largest RE funds in Asia, he co-managed EUR6bn investment portfolio with the team with a focus on Hong Kong and China property.  He led the USD200m cornerstone investment in Wanda Commercial Properties IPO (the largest mall operator and developer in China).  Prior to this, Jacob has 3 years of experience in investment banking in Bank of America Merrill Lynch, covering equity, debt and M&A transactions across real estate, consumer& retail and TMT sectors.  Jacob specializes in fundamental bottom up research.  Aside from work, Jacob has a personal interest in spirituality and personal development.  He practiced meditation and has published a book about meaning of life in 2016.

Listed Real Estate Asia

ESR-REIT: The Ultimate Stabilized Yield Play on APAC's AI & JS-SEZ Megatrend

CLAR: The Capital Recycling Masterclass Driving S-REIT Alpha

Blood in the Water: S-REIT Distress Unlocks Generational M&A Trades

CLAR SP: Bullish in Singapore Industrial and Strong Asset Portfolio to Drive Shareholders Returns

The 6.4 GW Sovereign of Silicon: GMG the Ultimate Structural Tollbooth for Global AI Infra

Never Too Late to Chase the Rally! Prologis, the World’s Leading Logistics Company

Australia's Cyclical Recovery: Value Opportunities in Undervalued Office and Retail REITs

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

Thematic (Sector/Industry)

Hong kong Real estate / Thematic (Sector/Industry)

<ul>
<li>Logistics REITs are aggressively pivoting from warehouses to high-power data centers, leveraging strategic landbanks to capture massive yield premiums driven by exponential artificial intelligence computing demand.</li>
<li>Funding power-dense digital infrastructure requires enormous capital, forcing logistics giants to execute transformative cross-border mergers, deploy sovereign wealth joint ventures, and pursue aggressive programmatic asset recycling.</li>
<li>We issue strong BUY recommendations for Prologis, Goodman Group, CapitaLand Ascendas REIT, and GLP Capital Partners, as their secure power-grid monopolies trigger major structural valuation re-ratings.</li>
</ul>


Logistics REITs are aggressively pivoting from warehouses to high-power data centers, leveraging strategic landbanks to capture massive yield premiums driven by exponential artificial intelligence computing demand.
Funding power-dense digital infrastructure requires enormous capital, forcing logistics giants to execute transformative cross-border mergers, deploy sovereign wealth joint ventures, and pursue aggressive programmatic asset recycling.
We issue strong BUY recommendations for Prologis, Goodman Group, CapitaLand Ascendas REIT, and GLP Capital Partners, as their secure power-grid monopolies trigger major structural valuation re-ratings.


Power Is the New Land: Logistics REITs Pivot to Hyperscale AI Data Centers