Navigating Volatility: Fifth Mapletree Real Estate Forum at SMU explores asset allocation in uncertain times

Singapore Management University (SMU) and Mapletree Investments convened the fifth Mapletree Real Estate Forum on 20 March 2026, bringing together about 100 industry professionals, SMU students and members of the public for a timely discussion on asset allocation amid an evolving global market landscape.

Held at SMU, this year's forum focused on the theme 'Asset Allocation in Turbulent Times', with industry leaders sharing perspectives on navigating market volatility through disciplined portfolio construction, prudent risk management and long-term value creation.

Keynote speaker Mr George Agethen, Managing Director of Real Estate for Asia-Pacific and Latin America at La Caisse (formerly CDPQ), highlighted the growing complexity of capital allocation in today's uncertain environment. Drawing on more than 25 years of experience across global market cycles, he noted that while real estate continues to play an important role in portfolio diversification, investors must remain selective and strategic in capital deployment.

"In today's volatile and uncertain environment, asset allocation has become far more complex and consequential for long-term investors. From an institutional perspective, the objective is not to predict every turn of the cycle, but to remain disciplined in portfolio construction, risk management, and execution," he said.

Joining the panel, Mr Chua Tiow Chye, Deputy Group Chief Executive Officer of Mapletree, discussed how investors are navigating geopolitical shifts and interest rate volatility require , He emphasised the importance of diversification, strong local presence and disciplined execution, particularly as real estate investment becomes increasingly global and dynamic.

at SMU's Lee Kong Chian School of Business, the panel discussion further explored emerging trends in asset allocation and strategies for building resilience in uncertain markets. Participants gained practical insights into real-world investment considerations and the evolving role of real estate in institutional portfolios.

Mr Edmund Cheng, Chairman of Mapletree, highlighted the value of the longstanding partnership between Mapletree and SMU. He noted that initiatives such as the forum provide meaningful opportunities for students to engage industry leaders, deepen their understanding of market dynamics, and develop critical thinking skills essential for future careers in real estate and investment. "Initiatives like this forum equip students with valuable insights and perspectives that will shape the next generation of real estate investment leaders," he opined.

The forum forms part of the Mapletree Real Estate Programme at SMU, which aims to nurture and equip future leaders in real estate. Launched in 2018 with a S$3 million endowed gift and enhanced in 2021 with an additional S$2.5 million contribution, the programme supports student learning through industry engagement, academic development and global exposure.

As part of the programme, more than 200 undergraduate and postgraduate students, together with academic staff, have participated in overseas study trips to key real estate markets including Australia, China, Japan, South Korea and Vietnam. These experiences broaden students' exposure to global market dynamics and industry practices.

Through initiatives such as the Mapletree Real Estate Forum, SMU continues to connect students with industry leaders and real-world insights, strengthening its commitment to preparing graduates for future-ready careers in real estate, finance and investment.