GENERAL NEWS
A WEAK global real estate market sapped capital raising activity by a whopping 51% in 2023.
However, the Capital Raising Survey 2024 from ANREV, INREV and NCREIF showed that the majority – or 75% – of...
“Real estate investments have been challenged by market conditions that have deteriorated and by the high interest rate environment across the globe which has also...
The findings showed a concentration of capital raising within a few investment managers. The top 10 managers raised 73% of the total surveyed capital, amounting...
Non-listed real estate funds still attracted most of the capital allocated to Asia Pacific strategies (39%). The trend towards joint ventures and club deals (up to 39% from...
Non-listed debt products emerged, accounting for 14% of the total capital raised which may reflect its attractiveness to investors in a higher interest rate environment...
Capital deployment as the share of capital raised in 2023 continued to slide, from 26% in 2022 down to 16%. This translated to a record high of 84% of the capital remaining to...
The down year in capital raised across investor domiciles for 2023 was across the board, with year-on-year declines for the amount of capital raised across investors from...
Despite the decline, Asia Pacific investors still accounted for 34% of the source of capital globally, mirroring 2022. However, the overall composition shifted to European investors as...
By strategy, core-style funds attracted 26% of the total capital raised in 2023. Riskier investment style accounted for 74% of the capital raised by non-listed real estate funds in...
Single-country and single-sector strategy funds respectively raised 71% and 64% of the total capital raised for Asia Pacific non-listed funds in 2023. Funds following an...