In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q1 2021. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

For any questions, please contact Amélie Delaunay.

• Total real estate AUM grew by 11%, from US$3.6 trillion in 2019 to US$4.1 trillion in 2020
• The ten biggest managers reported real estate AUM above US$100 billion
• CapitaLand is the first Asia Pacific manager to make into the top 10

As of 31 December 2020, total real estate assets under management (AUM) stands at US$4.1 trillion compared to US$3.6 trillion at the end of 2019. The 10 largest managers have a total real estate AUM above US$100 billion. With US$319.4 billion of real estate AUM, Blackstone tops the overall list, followed by Brookfield and Prologis.

CapitaLand is the first Asia Pacific manager to be included in the top 10, with a reported real estate AUM of US$100.2 billion.

With the popularity of the Asia Pacific non-listed real estate market continuing to increase, it is timely to assess how much capital is entering the market and what this figure represents on a global basis.

The Capital Raising Survey was first launched in 2014. This survey gives an insight into capital raising activities within the non-listed real estate industry by region, product type and investment strategy. The non-listed real estate products include separate accounts, joint ventures, club deals, funds of funds and non-listed real estate debt products. The report offers detailed insights into global and regional capital raising figures.

The 2021 survey attracted the participation of 127 fund managers from 26 countries across Asia Pacific, Europe and North America.

Capital was sought for 699 vehicles which equate to a minimum of US$150.7 billion of new equity raised for investments into non-listed real estate.

The Asia Pacific region attracted US$26.2 billion of new capital.

In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q4 2020. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

For any questions, please contact Amélie Delaunay.

ANREV is pleased to present the results of its eight global Investment Intentions Survey with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the thirteenth edition of the regional survey which attracted 99 respondents: 84 investors (85%), and 15 funds of funds managers (15%).

Chapter 2 explores global real estate allocations, providing insight into investment trends globally and is based on the full sample of respondents. This is a common section that can also be found in the INREV and PREA 2021 Investment Intentions reports.

Chapters 3 through 7 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, styles and trends. These chapters are based only on those investors and fund of fund managers who are already investing in the Asia Pacific market or intend to do so in the next two years.

In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q3 2020. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

For any questions, please contact Amélie Delaunay or Katrina Wong.