ANREV’s Technology & Innovation Working Group is working on a series of short papers aimed at helping ANREV members to better understand technology-related topics, share information and organisational best practices. The first paper deals with blockchain.

If members have any questions, or require a more detailed explanation of any of the points referenced in this note, please contact the ANREV Technology and Innovation Working Group at the following e-mail address: [email protected]

We would also be keen to hear members’ experiences of blockchain, and/or their views on how this technology will impact the industry in the coming years.

The ANREV Australia Monthly Index saw a total return of 0.32% in March 2018, the one year rolling return at 12.47% illustrating the strong performance of the Australian market. The ANREV Australia Core Open End Fund Monthly Index currently includes 19 funds with a total GAV of AUD 96.43 billion.

The February 2018 release includes 2 new funds as well as 2018 year to date figures.

Please contact Amélie Delaunay at [email protected] or Ricky Cheng at [email protected] if you have any questions regarding the Index.

Chateau Mount Tai is a high-quality neo-Chinese residential development located in Tai’an city at the foot of Mount Tai. White Peak (“WP”), a Swedish fund manager and developer, acquired the land in 2014 and developed it with a vision to create one of the most iconic ecocommunity in this famous and historically significant city.

The project received exceptional sales result with transaction price of 30% higher than market competitors. Chateau Mount Tai has become an iconic development in Tai’an bringing new living standard to the local market. The success of Chateau Mount Tai was followed with a second investment from White Peak in Tai’an.

The ANREV Australia Monthly Index saw a total return of 0.35% in January 2018, the one year rolling return at 12.78% illustrating the strong performance of the Australian market. The ANREV Australia Core Open End Fund Monthly Index currently includes 17 funds with a total GAV of AUD 90.53 billion.

Please contact Amélie Delaunay at [email protected] or Ricky Cheng at [email protected] if you have any questions regarding the Index.

At this briefing Mr. Richard White, a senior UK real estate tax partner at EY shared an update on the significant changes in the UK in relation to the taxation of real estate.From April 2019, UK tax will be chargeable on gains made by non-residents upon direct and indirect disposals of UK immovable property, regardless of the nature of the property and investment or trading intentions. Join us to hear more about these key updates from EY’s leading expert.

ANREV has launched the second release of the IRR by vintage index. The ANREV IRR/Investment Multiple Index (the IRR Index) measures performance of value added an opportunistic non-listed closed end funds focused in Asia Pacific.

As this index is still relatively new, we would welcome any comments - please email [email protected]

ANREV is pleased to present the results of its fifth 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 eleventh edition of the regional survey which attracted 177 respondents in Asia Pacific compared to 199 in 2017: 84 investors (47.5%), 6 fund of fund managers (3.4%) and 87 fund managers (49.2%).

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 2017  Investment Intentions reports.

Chapters 3 through 6 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, fund managers, and fund of fund managers who are already invested in the Asia Pacific market or intend to do so in the next two years.

In the final chapter, for the fourth time, we have invited Real Capital Analytics (RCA) to present its analysis of the relationship between the predictions within ANREV Investment Intentions Survey 2017 and the investment activities that transpired during the past year using its database of global transactions in that particular year.

The ANREV Australia Monthly Index saw a total return of 2.64% in December 2017, the one year rolling return at 12.70% illustrating the strong performance of the Australian market. The ANREV Australia Core Open End Fund Monthly Index currently includes 17 funds with a total GAV of AUD 90.65 billion.

Please contact Amélie Delaunay at [email protected] or Ricky Cheng at [email protected] if you have any questions regarding the Index.