Global real estate assets under management up 20% to US$2.5 trillion in 2016
The total value of global real estate assets under management surged by 20% year-on-year from US$2.19 trillion (RM9.37 trillion) to US$2.5 trillion as at end-2016 with fund managers of all sizes increasing the value of their assets, according to the Fund Manager Survey 2017 conducted by the Asian Association For Investors In Non-Listed Real Estate Vehicles, the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) and the National Council of Real Estate Investment Fiduciaries.