John White - China: Where is the Smart Money Investing?

If you’re looking for the scoop on what’s happening in Asia— especially China— from an investment perspective, this episode is for you. John White, Managing Director and Lead Portfolio Manager in Heitman's Asia-Pacific Public Real Estate Securities group, lays out the investment landscape and covers what he calls the three major –and different—economies in Mainland China.  And he tells us why the real estate “bubble” is confined to major cities where prices and high and inventory nearly non-existent, while other parts of China have empty high rises and construction of even more buildings continues.

John explains the implications of China’s swift move from an agrarian economy to a manufacturing powerhouse to current efforts to structurally reform so that it can increase internal consumption rather than rely on exports.  He’ll fill you in on shopping habits of the Chinese and how the growing middle class has become a market in itself while changing all the old rules of spending habits.

All this and more awaits in this episode of China’s financial picture.

John White Biography

I'm an experienced executive director and real estate investment manager based in Hong Kong with 25 years experience across Asia in public equity, private equity and debt markets.

I'm Heitman's Managing Director and lead portfolio manager for our Asia-Pacific Real Estate Public Equity group. Heitman manages over US$36Bn of real estate investments on behalf of sovereign wealth funds, public pension plans and mutual funds.

I serve on the group’s Global Investment Committee and co-manage the group’s global real estate programmes. I am an equity owner of the firm and a member of its Global Management Committee. As well as my responsibility for leadership in the region, I am a holder of Type 1, 4 and 9 Licenses and a Responsible Officer for Heitman's Hong Kong entities as well as Responsible Manager for Heitman's Australian entity.

Prior to joining Heitman in 2010, I managed real estate equities at Challenger and HSBC. Before moving to investment management in 2001, I worked across the region in real estate equity research and banking roles and began my career as a real estate valuer. I'm a graduate of INSEAD's Advanced Management Program, hold a BBus in Land Economy from Western Sydney University and Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia. I am also a Non-Executive Director of Child and Family Services, a member of RICS, the Australian Institute of Company Directors, Australasian Housing Institute and FINSIA. 

I'm a regular contributor to the media, am a continuing student of the major forces that drive the real estate markets - globalisation, urbanisation and demographics and am passionate about improving housing affordability, governance and corporate social responsibility across the property industry. 

I’m always interested in connecting with like minded people and former colleagues. In my spare time I might be found playing music or surfing.