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

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

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

CLAR: The Capital Recycling Masterclass Driving S-REIT Alpha

Australia Real Estate: Long Goodman Group GMG and Short DEXUS DXS Pair Trade

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

Asia Monetary Easing: Tailored for Income-Generating Real Estate

KT Capital Group

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

Principal investments and advisory firm

Equity Bottom-Up

<ul>
<li>Power Bank Hegemony: Goodman's secured 3.6 gigawatts of power capacity bypasses global grid bottlenecks, positioning it as the ultimate gatekeeper for hyperscaler AI deployment.</li>
<li>High-Yield Pipeline: Data centers command 73% of a scaling AUD 14.5 billion pipeline, driving superior development margins with an 8.0% yield on cost.</li>
<li>Fortress Capitalization: A conservative 4.1% statutory gearing and AUD 5.2 billion in liquidity provide unmatched balance sheet capacity to fund multi-year digital infrastructure megaprojects.</li>
</ul>


Power Bank Hegemony: Goodman's secured 3.6 gigawatts of power capacity bypasses global grid bottlenecks, positioning it as the ultimate gatekeeper for hyperscaler AI deployment.
High-Yield Pipeline: Data centers command 73% of a scaling AUD 14.5 billion pipeline, driving superior development margins with an 8.0% yield on cost.
Fortress Capitalization: A conservative 4.1% statutory gearing and AUD 5.2 billion in liquidity provide unmatched balance sheet capacity to fund multi-year digital infrastructure megaprojects.


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