The Asia Pacific Market Insights is a snapshot that compiles perspectives from our research committee to evaluate the market dynamics of the Asia Pacific non-listed real estate sector.  

Key highlights: 

• The Q1 2025 ANREV All Funds Index delivered a total return of 0.89%, with negative capital return of -0.40% while distributed income return registered 1.29%. 
• There is broad based positive performance reflected by the ODCE funds’ assets performance across country markets in Q1 2025, with China as the only exception.  
• At the asset level, the residential sector’s total return continues to outperform, the sector returned 1.25% versus industrial’s 0.62% and office’s 0.00% over Q1 2025. 

For any queries, please contact David Green-Morgan or Cheng Wee Tan.