ANREV/INREV/NCREIF Capital Raising Survey 2025

23 Apr, 2025
  • 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.

    This year's survey attracted the participation of 107 fund managers with 51 domiciled in Europe, 28 in North America, 27 in Asia Pacific, and 1 in South America, totaling a minimum of US$123 billion of new equity raised for investments into non-listed real estate.

     

    2025 ANREV Capital Raising Survey - ReportPDF
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    2025 ANREV Capital Raising Survey - InfographicsPDF
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    2025 ANREV Capital Raising Survey - SnapshotPDF
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    2025 ANREV Capital Raising Survey - Excel SupplementXLSM
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    2025 ANREV Capital Raising Survey - Press ReleasePDF
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For further information, please don't hesitate to contact us.

Sebastian Ramirez
Research & Professional Standards Manager