Total global real estate assets under management (AUM) hit a record at the end of 2019, according to the Fund Manager Survey 2020, published today by ANREV, INREV and NCREIF. This year’s results reflect a sizeable rise compared to 2018, despite the fact that a number of managers were unable to respond to the survey because of the COVID-19 global health pandemic. The growth in total AUM was largely attributable to increased investor inflows and capital appreciation.
Key highlights include:
- Real estate AUM grew by 15.7%, from €2.8 trillion in 2018 to €3.2 trillion in 2019
- Leading three managers exceed €150 billion each, while other rise up in the rankings
- The top ten managers represent around 40% of the total AUM around the world
- Pension funds remain the main capital source for all regions
- Consolidation of the fund manager industry continues
The Fund Manager Survey explores the real estate assets under management, providing insights into regional composition and vehicle types.
Download the full report, snapshot and excel below