The non-listed real estate industry raised a total of USD132.5 billion of capital globally in 2013 compared to USD86.4 billion in 2012, according to ANREV’s survey of 147 fund managers.
Asia Pacific strategy vehicles raised USD20.2 billion in 2013 compared to USD11.4 billion in 2012. The greatest share of this – USD14 billion – was allocated to non-listed funds.
The annual ANREV report provides information on the amount of institutional equity capital entering the Asia Pacific non-listed real estate market and offers insights into its target strategies, as well as overall global figures.
Amélie Delaunay, director of research and professional standards, says: “This first ANREV survey on capital raising activities in Asia Pacific indicates clearly that the region is attracting substantial and increasing amount of capital and that non-listed real estate funds constitutes the main investment route in real estate in the region.”