James Linacre
Fundraising for APAC-focused real estate debt funds came back down to Earth in 2023, having reached a peak the previous year.
PERE's 2023 LP Perspectives Study found that 23% of investors aimed to invest largely in ground-up development to help lower carbon emissions and 33% intended to focus on retrofitting assets, yet there's a long way to go.
After a fast start, fundraising in 2022 dipped in mid-year before rallying.
A record year is just part of the story as the sector undergoes significant changes.
Despite GP-leds' strong lead in 2022, 2023 could be the year LP-leds race ahead.
There are reasons to ease off the gas, but the asset class is not grinding to a halt.
Fundraising is slowing elsewhere, but the APAC region is setting a new record. We dig into the numbers.
PERE highlights three key investment trends in the fast-rising sector.
But a spotlight still shines on multifamily.
Investors are returning to the sector after it proved its resilience and adaptability.