PEI Group Data

PEI Group found APAC-focused private real estate fundraising attracted $20.5bn at the end of 2025, a $6bn increase on 2024.

The first PERE Core 100 manager ranking comes as institutional appetite for real estate’s lowest risk and return profiles is expected to return.

PERE has started ranking managers by their fundraising for core and core-plus risk and return profiles at a widely anticipated transitional time for private real estate.

As AI drives demand for ever-larger facilities across Asia-Pacific, investors are focused on the ability to secure power rather than the buildings themselves, says Macquarie Asset Management’s James Kemp.

Nearly 90% of the equity raised by Core 100 managers went into sector-specific vehicles, with residential and industrial attracting the largest shares.

Global investment volume fell across all deal size categories during the first half-year except for transactions greater than $1bn.

The vehicle is the largest-ever dedicated to the regional strategy and the third-largest raised for net lease investments overall.

The manager is also eyeing a final close next quarter for its first Japan logistics fund post-GCP acquisition.

A broader range of return outcomes among vintage-2023 funds demonstrates the impact of the market correction on private real estate performance.

A deep slowdown in construction activity is creating an imbalance between limited supply and budding demand.