Despite these strong demand drivers, there remain a number of barriers to entry. Typically, aged care and data centres are highly regulated by governments so managing them in accordance with local laws can be demanding. In Asia Pacific, the various alternative sectors sit across different levels of maturity, so understanding market fundamentals and operational capabilities can also pose as a challenge. However, it is evident that significant opportunities exist.

Hemnani explains: "With urbanisation rapidly growing across the region, international schools in Asia Pacific are forecast to multiply by three to four times to meet a target of 10 million students over the next 15 years. This will boost the education and student accommodation sectors that are well-positioned to grow in Australia, China, India and Southeast Asia."

"Similarly, the rise in the ageing population means that the senior housing market will fare well, particularly in Japan and China, as these markets provide enormous potential for growth."

For more information, please download 'The Rise of Alternative Real Estate in Asia Pacific: The Fundamentals' here.