The market for private closed-end real estate funds in Asia-Pacific has grown rapidly over the past few years, and such funds now form an integral part of many investors’ portfolios. The region already contains some of the largest institutional investors in real estate on a global scale, and yet data in this area has historically been limited. To combat this, Preqin and the Asia-Pacific Real Estate Association (APREA) have created the most complete index for the sector, based on information for 198 closed-end funds – with a total capitalization of over $127bn – across seven primary real estate strategies.
“Institutional capital is overwhelmingly private. The index fills a crucial information gap in the region's real estate unlisted markets” – Sigrid Zialcita, Chief Executive, APREA
The APREA-Preqin Quarterly Monitor consists of interactive infographics and a downloadable database. Improving transparency in a closely private arena, the performance data is provided directly by institutional investors and fund managers, and is also obtained from public filings such as financial and annual reports.
Use the Quarterly Monitor to track the performance of the Asian private real estate sector and benchmark your funds or portfolios against those of your peers. You can also compare median net IRRs, net multiples and risk/return metrics for each strategy, and access league tables for the top performing funds in the region.
Read on to find out more about the APREA-Preqin Quarterly Monitor.
Established in 2005, the Asia Pacific Real Estate Association (APREA) is a leading pan-Asia industry association that promotes real estate as an asset class in the Asia-Pacific region. The organization represents leading property investors, fund managers, financial institutions, developers and professional groups operating in Asia-Pacific. APREA works with governments to open up new real estate markets and improve existing ground rules for doing business. It also champions a more transparent, respected and professional marketplace via its extensive research, industry standards and education programs. APREA’s networking and engagement programs help its members connect to business opportunities in Asia-Pacific and beyond. Its members represent more than $1tn of assets under management. APREA’s focus is cross-border investment – both inbound and outbound.