Mr Yu-Cheng   Lin
Casual Academic

Mr Yu-Cheng Lin

He received his Ph.D. from the University of New South Wales

Arts,Design & Architecture
School of Built Environment

Dr Yu-Cheng (Robbie) Lin has expertise in Real Estate Investment Trusts (REITs) in multiple real estate sectors across the APAC and US. His research agenda is highly connected to the commercial real estate (CRE) industry and features a high level of real estate market awareness, with a strong Asia-Pacific focus. This has covered the assessment of added-value and strategic role of multiple real estate sectors of REITs (e.g. office, retail, industrial and logistics, multifamily (BtR), healthcare, hotel, infrastructure, data centre sectors) in institutional investors' multi-asset portfolios (e.g. PE funds, insurers, pension funds, SWFs), as well as varying interest rate sensitivity of multiple real estate sectors of REITs across the USA, Japan, Australia and Singapore. The interest rate sensitivity analyses on multiple real estate sectors of REITs are particularly important for investors and lenders' understanding of interest rate risk management for multiple types of REITs in local and international investment portfolios, given the growth of refinancing capitals and newly troubled loans during the COVID pandemic. 

His doctoral program has successfully forecasted the global rising interest rate environment and has assessed the impacts of US monetary policies (10Y bonds, 3m cash rates, term spread) on multiple types of CRE markets across the APAC, as well as the investment hotspots of logistics, office, multifamily (BtR) markets across the APAC and US. The research outcomes have been aligned with the international CRE transaction trends. 

The significance and practical use of his PhD program have been externally validated by four SSCI real estate journal articles (as primary author), seven major international real estate conference papers and six media articles for the UK online real estate magazine-The Property Chronicle (https://www.propertychronicle.com/author/robbie-lin). These journal articles include (1) varying interest rate sensitivity of multiple real estate sectors of REITs in the Pacific Rim region (2021); (2) strong performance of Logistics in the Pacific Rim region (2020); (3) strong performance of multifamily (BtR) sector in Japan (residential J-REITs) (2019); and (4) strong performance of multiple real estate sectors of REITs in Australia (2019). In addition, several media articles include (1) Impacts of US monetary policy (10Y, 3m, term spread) on Pacific Rim Commercial Real Estate; (2) strong performance by Logistics; (3) how can China learn from the global REITs by sector; (4) dynamics of Pacific Rim office sector; (5) why specialised real estate is a better investment strategy; (6) performance of international Build-to-Rent (BtR). 

In particular, multiple sectors (e.g. office, retail, industrial and logistics, multifamily (BtR), healthcare, hotel, infrastructure, data centre sectors) of daily, weekly, monthly, quarterly and yearly country- and regional-based REIT indices across the US, Japan, Australia, Singapore, Hong Kong, Malaysia, Thailand, Philippines, Taiwan and South Korea were constructed and utilised in his PhD program, offering a fuller understanding of market fundamentals and dynamic risk-return attributes of multiple real estate types of REIT portfolios across the APAC and US from multi-dimensional investment perspectives - both investment performance and risk management dimensions. These publications offer insightful investment initiatives in multiple CRE sectors across the APAC and US and a strong testament to forecasting international CRE market trends.

Mobile
0435308135
Location
Sydney

Publications

  • Journal articles | 2021
    Lin Y-C; Lee CL; Newell G, 2021, 'Varying interest rate sensitivity of different property sectors: cross-country evidence from REITs', Journal of Property Investment and Finance, http://dx.doi.org/10.1108/JPIF-09-2020-0099
    Journal articles | 2020
    Lin YC; Lee CL; Newell G, 2020, 'The added-value role of industrial and logistics REITs in the Pacific Rim region', Journal of Property Investment and Finance, vol. 38, pp. 597 - 616, http://dx.doi.org/10.1108/JPIF-09-2019-0129
    Journal articles | 2019
    Lin YC; Lee CL; Newell G, 2019, 'The significance of residential REITs in Japan as an institutionalised property sector', Journal of Property Investment & Finance, vol. 37, pp. 363 - 379, http://dx.doi.org/10.1108/jpif-03-2019-0036
    Journal articles | 2019
    Lin YC; Cho H; Lee CL, 2019, 'The value-added role of sector-specific REITs in Australia', Pacific Rim Property Research Journal, vol. 25, pp. 49 - 72, http://dx.doi.org/10.1080/14445921.2019.1610593
    Journal articles | 2016
    Yuo S-T; Lin Y-C; Yeh C-H, 2016, 'A Space Syntax Analysis of Tenant Placement within Large-Scale Horizontal-Designed Shopping Centre', JOURNAL OF HOUSING STUDIES, vol. 25, pp. 81 - 110, http://www.airitilibrary.com/Publication/alDetailedMesh?DocID=16660040-201612-201702080013-201702080013-81-110
  • Theses / Dissertations | 2021
    Lin Y-C, 2021, The risk and return characteristics of sector-specific real estate investment trusts in the Asia-Pacific, University of New South Wales, https://www.unsworks.unsw.edu.au/permalink/f/a5fmj0/unsworks_74274
    Conference Papers | 2019
    Lin R; Lee C; Newell G, 2019, 'The significance of Residential REITs in Japan as an Institutionalized property sector', in 26th Annual European Real Estate Society Conference, European Real Estate Society, Paris, France, presented at 26th Annual European Real Estate Society Conference, Paris, France, 05 July 2019, http://dx.doi.org/10.15396/eres2019_122
    Conference Papers | 2019
    Lin R; Lee C, 2019, 'The significance of logistics REITs as an institutionalised property sector in the Asia-Pacific', in 26th Annual European Real Estate Society Conference, European Real Estate Society, Paris, France, presented at 26th Annual European Real Estate Society Conference, Paris, France, 04 July 2019, http://dx.doi.org/10.15396/eres2019_124
    Conference Papers | 2013
    Yuo S-T; Lin Y-C; Wu J-H; Huang K-Y, 2013, 'Shopping Centre Spatial Complexity, Management Efficiency and Tenant Mix Variety', in Proceedings of the 20th Annual European Real Estate Society Conference - Vienna, Austria, ÖKK-Editions, Vienna, Austria, presented at 20th Annual European Real Estate Society Conference: ERES Conference 2013, Austria, http://dx.doi.org/10.15396/eres2013_46
    Journal articles | 2021
    Lin Y-C; Lee CL; Newell G, 2021, 'Varying interest rate sensitivity of different property sectors: cross-country evidence from REITs', Journal of Property Investment and Finance, http://dx.doi.org/10.1108/JPIF-09-2020-0099
    Journal articles | 2020
    Lin YC; Lee CL; Newell G, 2020, 'The added-value role of industrial and logistics REITs in the Pacific Rim region', Journal of Property Investment and Finance, vol. 38, pp. 597 - 616, http://dx.doi.org/10.1108/JPIF-09-2019-0129
    Journal articles | 2019
    Lin YC; Lee CL; Newell G, 2019, 'The significance of residential REITs in Japan as an institutionalised property sector', Journal of Property Investment & Finance, vol. 37, pp. 363 - 379, http://dx.doi.org/10.1108/jpif-03-2019-0036
    Journal articles | 2019
    Lin YC; Cho H; Lee CL, 2019, 'The value-added role of sector-specific REITs in Australia', Pacific Rim Property Research Journal, vol. 25, pp. 49 - 72, http://dx.doi.org/10.1080/14445921.2019.1610593
    Journal articles | 2016
    Yuo S-T; Lin Y-C; Yeh C-H, 2016, 'A Space Syntax Analysis of Tenant Placement within Large-Scale Horizontal-Designed Shopping Centre', JOURNAL OF HOUSING STUDIES, vol. 25, pp. 81 - 110, http://www.airitilibrary.com/Publication/alDetailedMesh?DocID=16660040-201612-201702080013-201702080013-81-110

Awards

  • PhD Award for ‘Highly Commended Presenter on the Day’, Canberra, 18th Jan. 2020, Pacific Rim Real Estate Society
  • University International Postgraduate Award (UIPA scholarship), University of New South Wales

 

Grants

Media

Robbie Lin is a PhD in property investment and finance at the University of New South Wales. His research agenda has covered the investment performance and interest rate risk management of multiple real estate sectors in institutional investors' portfolios across the Asia-Pacific region. His media articles regarding global commercial real estate investment strategies are available in the UK online real estate magazine-The Property Chronicle (https://www.propertychronicle.com/author/robbie-lin)

  • Casual lecturer, Property Investment (200749), Western Sydney University
  • Casual lecturer, Financing Enterprises (200910), Western Sydney University
  • Teaching assistant, Construction Management Risk and Business Analytics (CONS0016), University of New South Wales
  • Teaching assistant, Construction & Property Economics (BLDG1024), University of New South Wales
  • Teaching assistant, Research Methods (BENV4000), University of New South Wales