Dr Yu-Cheng Lin
Casual Academic

Dr 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 is a real estate economist and holds a PhD in real estate investment and finance. He has research expertise in global capital markets, multi-asset portfolio construction, global real estate markets and forecasting, with a unique blend of academic and industry experience.

Robbie's research has a Proven Record:
1️⃣ Forecasting 2022/2023 global rising interest rate environment;
2️⃣ Assessing Impacts of US monetary policy (10Y bonds, 3m rates, term spread) on multiple types (office, retail, industrial, logistics, multifamily (BtR), healthcare, hotel, data centre and infrastructure) of US and APAC commercial real estate markets via interest rate sensitivity analysis;
3️⃣ Forecasting investment hotspots of logistics, office and multifamily (BtR) sectors across the US and APAC via multi-asset portfolio optimization analysis on commercial real estate by sector.

Robbie's commentaries and thoughts on 2022/2023 global rising interest rate environment (times and magnitudes of rate hikes by the Fed and RBA) and interest rate risk management strategies of commercial real estate by sector were shared with Special Broadcasting Service (SBS) by Sep and Oct 2021.

Robbie's 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 and US focus. This has covered the assessment of the added-value and strategic role of multiple real estate sectors of REITs, unlisted real estate funds, direct real estate (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 real estate sectors in local and international investment portfolios, given the growth of refinancing capitals and newly troubled loans during the COVID pandemic. 

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 specialized 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 utilized 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 are a strong testament to forecasting international CRE market trends.

His doctoral thesis was awarded by 2021 Doctoral Program Manuscript Prize Winner from the American Real Estate Society (ARES).

Mobile
0435308135
Location
Sydney
  • Journal articles | 2022
    Abidoye R; Lim BTH; Lin YC; Ma J, 2022, 'Equipping Property Graduates for the Digital Age', Sustainability (Switzerland), vol. 14, http://dx.doi.org/10.3390/su14020640
    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; 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 | 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 | 2017
    Lin YC; Li YJ; Rui YF; Dai GC; Shi L; Xu HL; Ni M; Zhao S; Chen H; Wang C; Li G; Teng GJ, 2017, 'The effects of high glucose on tendon-derived stem cells: Implications of the pathogenesis of diabetic tendon disorders', Oncotarget, vol. 8, pp. 17518 - 17528, http://dx.doi.org/10.18632/oncotarget.15418
    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, http://dx.doi.org/10.26190/unsworks/22355
    Conference Papers | 2021
    Lin Y-C; Chyi Lin L; Graeme N, 2021, 'Varying interest rate sensitivity of different property sectors: Cross-country evidence from REITs', Virtual, presented at Pacific Rim Real Estate Society Conference, Virtual, 04 February 2021
    Conference Papers | 2021
    Yu-Cheng L; Chyi Lin L; Graeme N; Lin Y-C, 2021, 'Varying interest rate sensitivity of different property sectors: Cross-country evidence from REITs', Virtual, presented at American Real Estate Society Conference, Virtual, 17 March 2021 - 18 March 2021
    Conference Papers | 2020
    Lin Y-C; Chyi Lin L; Graeme N, 2020, 'THE INTEREST RATE SENSITIVITIES OF SECTOR-SPECIFIC REITS IN THE ASIA-PACIFIC: EVIDENCE FROM AUSTRALIA, JAPAN AND SINGAPORE', Canberra, presented at Pacific Rim Real Estate Society Conference, Canberra, 19 January 2020 - 20 January 2020
    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 | 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 Y-C; Chyi Lin L; Newell G, 2019, 'The value-added role of sector-specific A-REITs', Melbourne, presented at Pacific Rim Real Estate Society Conference, Melbourne, 14 January 2019 - 16 January 2019
    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

 

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 commercial real estate (CRE) sectors in institutional investors' portfolios across the Asia-Pacific region. His media articles regarding global CRE investment strategies are available in the UK online real estate magazine-The Property Chronicle (https://www.propertychronicle.com/author/robbie-lin). 

In addition, he shared his thoughts on the impacts of US rate hikes on Australian real estate markets and the outlook of Australian CRE markets during and post COVID environment with Special Broadcasting Service (SBS) Australia (SBS Chinese).

My Teaching

  • Casual lecturer, Property Investment (200749), Western Sydney University
  • Casual lecturer, Financing Enterprises (200910), Western Sydney University
  • Sessional Lecturer, Research Seminar (BENV7020), University of New South Wales
  • 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
  • Unit coordinator/Casual lecturer, Economics (MB113), Wentworth Institute
  • Unit coordinator/Casual lecturer, International Finance (MP213), Wentworth Institute
  • Unit coordinator/Casual lecturer, Corporate Finance (MP124), Wentworth Institute
  • Unit coordinator/Casual lecturer, Accounting Information System (MP121), Wentworth Institute