Sherman Hung | Managing Director, Real Estate & Strategic Coverage Head, Institutional Banking Group of DBS Hong Ko
DBS Bank | Hong Kong
Sherman has over 16 years of experience in investment and commercial banking. Prior to joining DBS in 2014, Sherman had worked at Morgan Stanley Real Estate Investment Banking and Citi's Investment Banking Division. He has in-depth experience over a wide range of segments and products in the property industry, such as REIT/BT, commercial real estate, hotels, property agency, logistics, PERE, etc. He has led all Hong Kong listed REIT IPOs sponsored by China enterprises.
Mr Hung has regional experience covering China, Hong Kong, Singapore, Indonesia, India, Malaysia and Korea etc. Born in Suzhou, China and raised in Hong Kong, Mr Hung is fluent in Mandarin, Cantonese and English. Mr Hung holds MPhil in Economics from University of Cambridge (Chevening Scholar) and BSc in Economics from University College of London (UCL Hong Kong Alumni Scholarship).
Appearances:
REIW Asia 2017 day 1 @ 11:40
Banks & Real Estate Financing: Where are we now?
Despite the belief that banks weren’t playing in the commercial real estate sector as much anymore, at the end of Q3 2015, banks and thrifts had a record USD $1.79 trillion of commercial real estate debt on their books, so what does the future hold?- Are banks now only interested in senior debt or is there still some who will step further onto the risk curve and consider mezzanine?
- Does the emergence of private real estate debt funds create opportunities for banks to diversify their CRE investment strategy?
- Is the focus on senior debt purely a result of much tighter regulation, or is there simply a general risk aversion at this point? How much is increased regulation raising funding costs and eroding margins?
- Is there a preference for investing in specific asset classes or industries?
- What’s the M&A appetite within the banks?
- Is there any impact from the record Asia Pacific bond issuances in 2015?
- Which Asian markets provide the easiest opportunities for raising debt?
Organiser
