Topical research covers both in-house and external publication on a range of topics which drives the direction of the commercial real estate industry, intending to give insights to the trends and opportunities across Asia Pacific.

The Red Paper series consists of research papers prepared by the market-leading fund managers, investors and commercial real estate service providers. Each paper provides an in-depth analysis and thought leadership on a specific key issue or sector, offering the leading edge of current thinking and guidance on effective investment decision-making.

  • In June 2023, the ANREV ESG Committee held a discussion on climate risk solutions where participants shared views on the climate risk solutions providers landscape. As the backdrop for discussion, a committee member provided the framework for discussion by addressing physical risk and transition risk, the assessment of these risks in climate risk solutions and what these solutions provide via a presentation. In this paper, it serves as a summary centered on sharing experiences on the climate risk solutions providers.

    ANREV ESG Committee: Discussion on Climate Risk Solution Providers PDF
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  • Fund managers remain focused on financial performance amidst growing interest in sustainability Sustainability has been gaining traction as a concept in recent times. Nonetheless, fund managers appear to be primarily still interested in the bottom line.
    Correspondingly, this study was conducted by Jeslyn NG, to uncover the possible influence of ESG factors on the performance of private equity real estate funds in Asia Pacific.

    Influence of ESG factors on the performance of private equity real estate funds in APACPDF
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  • In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

    The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q3 2021. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

    For any questions, please contact Sharon Chan.

    COVID-19 Valuations Survey Q3 2021PDF
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  • In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

    The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q2 2021. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

    For any questions, please contact Amélie Delaunay.

    COVID-19 Valuations Survey Q2 2021PDF
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  • In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

    The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q1 2021. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

    For any questions, please contact Amélie Delaunay.

    COVID-19 Valuations Survey Q1 2021PDF
    Download
  • In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

    The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q4 2020. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

    For any questions, please contact Amélie Delaunay.

    COVID-19 Valuations Survey Q4 2020PDF
    Download
  • In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

    The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q3 2020. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

    For any questions, please contact Amélie Delaunay or Katrina Wong.

    COVID-19 Valuations Survey Q3 2020PDF
    Download
  • In light of the COVID-19 pandemic, ANREV has conducted two additional surveys investigating market sentiment and funds’ valuations under COVID-19.
     
    The market sentiment survey targeted senior investors and investment managers and asked their views on the impacts of the pandemic on Asia Pacific markets. 

    The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q2 2020. The manager were asked to fill in this extra questionnaire to look into the impact of the “Material Uncertainty clause” on assets’ valuations, suspension of trading and status of rent collection.

    The snapshot summarising the findings of the 'market sentiment' and ‘Impact of COVID-19 on valuations’  surveys can be downloaded here.

    COVID-19 Sentiment and Valuations Survey Q2 2020PDF
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  • In light of the COVID-19 pandemic, ANREV has surveyed the fund mangers who are currently included in the ANREV Quarterly Index and asked about the impact of COVID-19 on valuation, suspension, and rent collection.

    The survey covered 78% or US$97.5 billion GAV of the ANREV Quarterly Index Q1 2020. A snapshot summaring the results can be downloaded below.

    [Snapshot] Impact of COVID-19 on valuationsPDF
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  • In light of the COVID-19 pandemic, ANREV has conducted a small survey to assess sentiment across the region in terms of confidence on the allocations, markets and sectors, as well as impacts on the workplace. The market sentiment survey targeted senior investors and investment managers members of ANREV Management Board and councils and asked their views on the impact of the pandemic on Asia Pacific markets.

    A snapshot summarising the results of the survey can be downloaded below.

    [Snapshot] ANREV COVID-19 Survey - Market SentimentPDF
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