Global real estate assets under management (AuM) rose from $2.19 trillion (€1.95 trillion) to $2.5 trillion between 2015 and 2016, according to an industry survey.
The Fund Manager Survey 2017, conducted by ANREV, found that fund managers of all sizes last year increased their real estate assets.
Average AuM among the top 50 global real estate managers increased by 25.8% to $43 billion and the top three firms managed real estate assets of $140.2 billion on average.
Blackstone Group topped the overall rankings, followed by Brookfield Asset Management and PGIM in third position.
By regional strategy, 17.1% of total global real estate assets were invested in Asia Pacific, compared with 34.4% in Europe, 36.8% in North America, 11.1% in global strategies and 0.6% in South America and 0.002% in Africa.
©2017 funds europe
