Do you have a question?
For further information, please don't hesitate to contact us.
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.
04 Nov, 2026
The ANREV Research Award is ANREV's inaugural award for student research, launched in 2026 to recognise outstanding applied research on Asia Pacific institutional real estate. Open to Bachelor's and taught Master's students, the winning paper is selected by a jury of ANREV Research Committee members and industry practitioners.
04 Nov, 2026
The 2026 edition draws on 2025 data from 31 vehicles managed by 15 managers for TGER (representing a combined GAV of US$67.5 billion), alongside 23 vehicles for REER. The survey reveals an equal-weighted average TGER of 1.01% based on GAV and 1.53% based on NAV.
15 Jul, 2026
The study includes the TGER for all the 49 funds included in the Global ODCE Index, representing a total gross asset value (GAV) of USD 349 billion as of the end of 2025.