SINGAPORE (April 6): Fund managers raised some US$22.9 billion ($32.0 billion) in capital for deployment through non-listed real estate vehicles with an Asia Pacific strategy in 2016, up 24.5% from US$18.4 billion raised a year ago.

This is despite the total capital raised globally falling 4.8% year-on-year to US$128.4 billion.

“Asia Pacific was the only region to see an increase of capital raised in comparison to 2015, which reflects the attractiveness of the markets in this region. All investors regardless of their domicile increased their exposure in Asia Pacific in 2016,” says Amélie Delaunay, Director of Research and Professional Standards, Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV).

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook