The Investment Intentions Survey explores the aspirations for investment into the real estate sector over the following two years with a focus on non-listed real estate funds.

The survey focuses on the forward-looking views and investment preferences of investors, in terms of allocations, location, sector and fund strategy as well as their strategic views on the trends of the non-listed industry in the Asia Pacific region.

The survey has been produced since 2008 and since 2012 the survey has had a global outreach as a joint research project between ANREV, INREV and PREA.

  • ANREV is pleased to present the results of its seventh global Investment Intentions Survey with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the thirteenth edition of the regional survey which attracted 140 respondents: 125 investors (89.3%), and 15 funds of funds managers (10.7%).

    Chapter 2 explores global real estate allocations, providing insight into investment trends globally and is based on the full sample of respondents. This is a common section that can also be found in the INREV and PREA 2020 Investment Intentions reports.

    Chapters 3 through 7 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, styles and trends. These chapters are based only on those investors and fund of fund managers who are already investing in the Asia Pacific market or intend to do so in the next two years.

    2020 ANREV Investment Intentions SurveyPDF
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    2020 ANREV Investment Intentions InfographicPDF
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    2020 ANREV Investment Intentions Infographic (Japanese)PDF
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    2020 ANREV Investment Intentions Infographic (Korean)PDF
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    2020 ANREV Investment Intentions SnapshotPDF
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    2020 ANREV Investment Intentions Snapshot (Japanese)PDF
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    2020 ANREV Investment Intentions Snapshot (Korean)PDF
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    [Recording] ANREV Webinar - Investment Intentions Survey 2020 - 26 March VIDEO
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    [Slides] ANREV Webinar - Investment Intentions Survey 2020 - 26 MarchPDF
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  • ANREV is pleased to present the results of its sixth global Investment Intentions Survey with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the twelfth edition of the regional survey which attracted 154 respondents: 144 investors (93.5%), and 10 funds of funds managers (6.5%).

    Chapter 2 explores global real estate allocations, providing insight into investment trends globally and is based on the full sample of respondents. This is a common section that can also be found in the INREV and PREA 2019 Investment Intentions reports.

    Chapters 3 through 7 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, styles and trends. These chapters are based only on those investors and fund of fund managers who are already investing in the Asia Pacific market or intend to do so in the next two years.

    2019 ANREV Investment Intentions SurveyPDF
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    2019 ANREV Investment Intentions SnapshotPDF
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    2019 ANREV Investment Intentions InfographicPDF
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    ANREV Briefing - Launch of ANREV Investment Intentions Survey 2019 - SydneyPDF
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    ANREV Briefing - Launch of ANREV Investment Intentions Survey 2019 - MelbournePDF
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  • ANREV is pleased to present the results of its fifth global Investment Intentions Survey with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the eleventh edition of the regional survey which attracted 177 respondents in Asia Pacific compared to 199 in 2017: 84 investors (47.5%), 6 fund of fund managers (3.4%) and 87 fund managers (49.2%).

    Chapter 2 explores global real estate allocations, providing insight into investment trends globally and is based on the full sample of respondents. This is a common section that can also be found in the INREV and PREA 2017  Investment Intentions reports.

    Chapters 3 through 6 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, styles and trends. These chapters are based only on those investors, fund managers, and fund of fund managers who are already invested in the Asia Pacific market or intend to do so in the next two years.

    In the final chapter, for the fourth time, we have invited Real Capital Analytics (RCA) to present its analysis of the relationship between the predictions within ANREV Investment Intentions Survey 2017 and the investment activities that transpired during the past year using its database of global transactions in that particular year.

    2018 ANREV Investment Intentions SurveyPDF
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    2018 ANREV Investment Intentions SnapshotPDF
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    2018 ANREV Investment Intentions InfographicPDF
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    Singapore - ANREV Investment Intention 2018 - 16 JanuaryPDF
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    Hong Kong - ANREV Investment Intention 2018 - 23 JanuaryPDF
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    Shanghai - ANREV Investment Intention 2018 - 08 FebruaryPDF
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    Tokyo - ANREV Investment Intention 2018 - 27 FebruaryPDF
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    Sydney - ANREV Investment Intention 2018 - 20 MarchPDF
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    Melbourne - ANREV Investment Intention 2018 - 22 MarchPDF
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  • ANREV is pleased to present the results of its fourth global Investment Intentions Survey with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the tenth edition of the regional survey which attracted 199 respondents in Asia Pacific compared to 221 in 2016: 93 investors (47%), 10 fund of fund managers (5%) and 96 fund managers (48%).

    Chapter 2 explores global real estate allocations, providing insight into investment trends globally and is based on the full sample of respondents. This is a common section that can also be found in the INREV and PREA 2016 Investment Intentions reports.

    Chapters 3 through 6 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, styles and trends. These chapters are based only on those investors, fund managers, and fund of fund managers who are already invested in the Asia Pacific market or intend to do so in the next two years.

    In the final chapter, for the third time, we have invited Real Capital Analytics (RCA) to present its analysis of the relationship between the predictions within ANREV Investment Intentions Survey 2016 and the investment activities that transpired during the past year using its database of global transactions in that particular year.

    2017 ANREV Investment Intentions Snapshot FINAL (en)PDF
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    2017 ANREV Investment Intentions Snapshot (Chinese)PDF
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    2017 ANREV Investment Intentions Snapshot (Korean)PDF
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    2017 ANREV Investment Intentions Snapshot (Japanese)PDF
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    2017 ANREV Investment Intentions Report FINAL (en)PDF
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    2017 ANREV Investment Intentions Infographic FINAL (en)PDF
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    ANREV Briefing - Launch of ANREV Investment Intentions Survey 2017 - MelbournePDF
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    ANREV Briefing - Launch of ANREV Investment Intentions Survey 2017 - SydneyPDF
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    Launch of Investment Intentions Asia Survey 2017 - TokyoPDF
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    Launch of Investment Intentions Asia Survey 2017 - ShanghaiPDF
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    Launch of Investment Intentions Asia Survey 2017 - Hong KongPDF
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    Launch of Investment Intentions Asia Survey 2017 - SingaporePDF
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  • ANREV is pleased to present the results of its third global Investment Intentions Survey with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the ninth edition of the regional survey which attracted 221 respondents in Asia Pacific compared to 205 in 2015: 96 investors (44%), 14 fund of fund managers (6%) and 111 fund managers (50%).

    Chapter 2 explores global real estate allocations, providing insight into investment trends globally, and is based on the full sample of respondents. This is a joint chapter that can also be found in the INREV and PREA 2015 Investment Intentions reports.

    Chapters 3 through 6 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, and styles. These chapters are based only on those investors, fund managers, and fund of fund managers who are already invested in the Asia Pacific market or intend to do so in the next two years.

    In the final chapter, for the second time we have invited Real Capital Analytics (RCA) to present its analysis of the relationship between the predictions within ANREV Investment Intentions Survey 2015 and the investment activities that followed in the past year, using its database of global transactions in that particular year.

    ANREV Investment Intentions Survey 2016 - 스냅샷-한국어PDF
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    ANREV Investment Intentions Survey 2016PDF
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    ANREV Investment Intentions Survey 2016 - SnapshotPDF
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    ANREV Investment Intentions Survey 2016 - Snapshot - 日本語版PDF
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  • Asia Pacific Investors will increase real estate allocation in 2015

    The ANREV Investment Intentions Survey 2015 shows that Asia Pacific investors will increase their real estate allocations from 9.8% to 11%.

    40% of global investors expect to increase their allocation to non-listed real estate funds in Asia Pacific.

    Tokyo, Sydney, China Tier 1 cities and Melbourne are the top investment destinations for investors.

    This is the eighth investment intentions Asia Pacific report and the second global survey conducted together with INREV in Europe and PREA in the United States.

    This survey attracted a record number of 337 respondents.

    ANREV Investment Intentions Survey 2015 - 日本語版スナップショットPDF
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    ANREV Investment Intentions Survey 2015PDF
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    ANREV Investment Intentions Survey 2015 日本語版フルレポートPDF
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    ANREV Investment Intentions Survey 2015 - SnapshotPDF
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    ANREV Investment Intentions Survey 2015 - Korean Version SnapshotPDF
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    ANREV Investment Intentions Survey 2015 - Simplified Chinese Version SnapshotPDF
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  • A global Investment Intentions survey, jointly carried out by industry associations ANREV, INREV and PREA shows encouraging signs for real estate investment in 2014. Globally 324 investors, fund of funds managers and fund managers participated in the survey of which 142 are institutional investors representing US$7 trillion of assets under management. 

    The seventh edition of the Investment Intentions Asia Pacific Survey is marked by a sharply higher number of respondents, with investors now representing more than half of the total respondents. This year, allocations to non-listed property funds will continue to increase. Investors show a slight preference for value added funds, and clear interest in multi country/sector funds suggesting an appetite for increased risk. Japan office is the favourite country/sector combination for investors to invest.

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    2014 Investment Intentions (global comparison) - report (English)PDF
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    2014 Investment Intentions Asia Pacific Survey- report (members only)PDF
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    2014 Investment Intentions Asia Survey - snapshot (Japanese)PDF
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    2014 Investment Intentions Asia Pacific Survey- snapshot (publicly available)PDF
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    ANREV Investment Intentions Asia and Global Comparison 2014PDF
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  • The results of the Investment Intentions Asia Pacific Survey 2013, the sixth such survey, highlighted that allocations to non-listed vehicles will continue to increase in 2013 but at a slower pace than noted in the previous two years. Allocations to real estate by other means are also expected to increase, as the region continues to mature and offers a more diverse range of products.

    2013 Investment Intentions Asia Pacific Survey- report (English)PDF
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    Korean Institutional Offshore Investment Intentions Report 2013 (report in English)PDF
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    2013 Press Release - Investment Intentions Asia Pacific SurveyPDF
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    2013 Investment Intentions Asia SurveyPDF
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    2013 Investment Intentions Asia Pacific Survey- snapshot (English)PDF
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    2013 Investment Intentions Asia Pacific Survey - presentationPDF
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  • Investment Intentions Survey 2012

    2012 Investment Intentions Asia Pacific Survey - report (English)PDF
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    2012 Investment Intentions (global comparison) - report (English)PDF
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    2012 Investment Intentions (global comparison) - snapshot (English)PDF
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    2012 Investment Intentions (global comparison) - snapshot (S.Chinese)PDF
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    2012 Investment Intentions Asia Pacific Survey- snapshot (English)PDF
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    2012 Investment Intentions Asia Pacific Survey - presentationPDF
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  • Investment Intentions Survey 2011

    2011 Investment Intentions Asia Pacific survey- report (English)PDF
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    2011 Investment Intentions (global comparison) - report (English)PDF
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    2011 Offshore Investment Intentions Survey - Japanese Institutional Investors- report (English)PDF
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    2011 Offshore Investment Intentions Survey - Australian Institutional InvestorsPDF
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    011 Investment Intentions Asia Pacific Survey (presentation)PDF
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