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ANREV / INREV / NCREIF Fund Manager Survey 2025
04 Jun, 2025
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- Total real estate AUM at US$3.8 trillion in 2024, marking third sequential year of contraction from 2021 peak.
- The top 10 managers by size represents 52% of the total AUM, reflect concentration of AUM towards the largest managers persist.
- Non-listed real estate funds are largest non-listed product by AUM globally, accounting for 57% of the total non-listed real estate AUM.
The total global real estate assets under management (AUM) was at US$3.8 trillion at the end of 2024. The total AUM of the top 10 managers was nearly US$2 trillion
With over US$530 billion of real estate AUM, Blackstone tops the overall list, followed by Brookfield and Prologis.
ESR takes the first spot in the top 10 in APAC, followed by GLP and CapitaLand.
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