The document is a distillation of information provided to ANREV by non-listed property vehicles, as well as publicly available information of other non-listed property vehicles, in order to give a view on the size and composition of the Asia Pacific non-listed property funds market over a particular period of time.

If you have any questions, please contact Daisy Huang at [email protected] or Kip kong at  [email protected]

The ANREV Management fees and terms study explores fees and costs structures of Asia Pacific non-listed real estate funds with a focus on total expense ratios (TERs) and real estate expense ratios (REERs).

For the first time in 2020 the study will also cover the first data on the Total Global Expense Ratio (TGER) which is the new global standards adopted by ANREV, INREV and NCREIF PREA reporting standards to facilitate comparison of fees and costs between real estate investment vehicles that operate across the different regions.