Certain investors on PERE’s ranking have attributed their shrinking real estate allocations to sales.
PERE’s ranking of the largest institutional investors in private real estate succumbs to macroeconomic challenges to record its lowest-ever growth.
With almost half of this year’s ranking witnessing portfolio value declines, institutional investors reflect on a tumultuous period for private real estate.
'Portfolio owners are likely to continue to offload fringe assets at discounts while cash-rich buyers will see an opportunity to bargain hunt,' says Savills' head of Asia-Pacific research, Simon Smith. Read more in PERE's 2024 APAC Fund Manager Guide.
Market participants report renewed interest from foreign capital and several managers have recently set up shop or made senior hires in Japanese real estate. Read more in PERE's 2024 APAC Fund Manager Guide.
Long-term investors from Asia and the Middle East, such as Singapore’s GIC, have continued to selectively invest. Read more in PERE's 2024 APAC Fund Manager Guide.
Australia’s favorable demographics are pushing investors into the living sectors, while interest in logistics remains strong in both Australia and New Zealand. Read more in PERE's 2024 APAC Fund Manager Guide.
Korean interest rates are considered to have peaked and there's a renewed interest in acquisitions, aided by sellers’ willingness to adjust prices. Read more in PERE's 2024 APAC Fund Manager Guide.
Fundraising falls in APAC, but industrial still commands investor interest
Singapore remains the center of activity in the region, and a handful of real estate managers have invested in Vietnam. Read more in PERE's 2024 APAC Fund Manager Guide.