The ANREV / INREV / NCREIF Capital Raising Survey 2016 explores capital raising activities into the non-listed real estate industry in 2015. The particular focus of the report is on Asia Pacific vehicles. The survey provides insights by region, product type, investment strategy, and where possible presents a historical comparison based on previous studies.

The 2016 survey attracted a record number of participants with 153 fund managers globally completing the questionnaire, a 7.8% increase compared to 2015 when 142 fund managers responded to the survey. In total, the majority (85 or 55.6%) of fund managers were from Europe, followed by those domiciled in Asia Pacific (46 or 30.1%) and North America (22 or 14.4%). 

Highlights:

• US$134.8 billion of new equity raised for non-listed real estate in 2015
•  Non-listed real estate vehicles continue to attract investors of all types
• Pension funds are the biggest source of capital globally 
• Europe was the most popular target market
• US$18.4 billion raised for Asia Pacific

ANREV, INREV and NCREIF would like to thank fund managers for their participation in the Survey.

For further information please contact [email protected]