This report seeks to provide ANREV members with a perspective of the private real estate market landscape, illuminating the case for having an APAC real estate allocation within global investor portfolios. It examines the case for fundamental growth drivers, diversification benefits, unique market opportunities as well as showing how the region has improved in the context of transparency, governance, liquidity and sustainability. The ANREV Research Committee’s perspective for the publication is to support strategic decision-making for investors, developers, and other stakeholders.