Message from the Chairman to ANREV members and stakeholders -  Charles Haase appointed as Chief Executive at ANREV

The Q1 2022 ANREV ODCE Fund Index - Open End Diversified Core Equity (ODCE) results were released on 1 June 2022 and showed a total return of 2.05% for 8 funds.

Please provide feedback and comments to Justin Wong or Amélie Delaunay.

The Carbon Risk Real Estate Monitor (“CRREM”) initiative aims to “make decarbonization measurable” by providing a free-use Excel tool as well as decarbonization pathways which could serve as a benchmark. The CRREM pathways allow the industry to set science-based carbon targets aligned with requirements of the Paris Agreement to limit global warming to 2°C or better 1.5°C by 2050 and effectively measure the transitional risk of climate change for individual assets and portfolios.

The objective of this pilot was to test the tool and relevant pathways for Asia Pacific assets in order to help asset owners, developers, and managers to adopt the pathways as best practice in the region.

• Total real estate AUM at US$4.7 trillion, marking a new record in the history of the survey

• Top 10 RE managers reported a total of US$1.9 trillion AUM, a  28% increase on the US$1.5 trillion equivalent at the end of 2020

• GLP is making is replacing CapitaLand in the top 10

At the end of 2021, the total global real estate assets under management (AUM) reached a new record high of US$4.7 trillion compared with the US$4.1 trillion recorded a year earlier.The total AUM of the top 10 managers exceeded US$1.9 trillion. With US$475.6 billion of real estate AUM, Blackstone tops the overall list, followed by Brookfield and Prologis.
 
GLP is making is replacing CapitaLand in the top 10 and takes the first spot in APAC.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.69% in April 2022. The ACOE includes 19 funds with a total GAV of AUD 126.58 billion.

The ACOE Index also reports data on geographic allocation by sector.

Please contact Justin Wong or Daisy Huang if you have any questions regarding the Index.

This ANREV Vehicles Universe document provides data on 384 vehicles with a total gross asset value (GAV) of US$ 286.9 billion as of Q4 2021. Data on 246 vehicles (total GAV US$176.0 billion) was extracted from the ANREV Vehicles Database. Data on the remaining 138 vehicles came from secondary sources.

If you have any questions, please contact Daisy Huang or Justin Wong.

• The ANREV Annual Fund Index strongly returned 12.30%, up from 0.81% in 2020, their second highest return since the inception of the index

•Opportunity funds outperformed the all funds index as well as core and value added funds

•Australia funds outperformed single country funds with a yearly total return of 13.70%

Data contributions were received from 82 funds with a total gross asset value of US$157.1 billion. Further detail of the sub-indices which cover fund style and various geographies can be found in the full report.

We would like to thank all the companies that supported the data collection exercise and look forward to your continued support in the next round of data collection.

If you have any questions about the ANREV Index or want to take part in this industry-led initiative, please contact Daisy Huang or Justin Wong.

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 130 fund managers from 24 countries across Asia Pacific, Europe and North America.

Capital was sought for 743 vehicles which equate to a minimum of US$288 billion of new equity raised for investments into non-listed real estate.

The Asia Pacific region attracted US$39 billion of new capital.