Publications

Research - MAY 4, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Nearly $3b raised for Australian core real estate funds in 2020

by Andrea Zander

Investment managers raised A$3.86 billion ($2.98 billion) for nonlisted funds investing in core Australian real estate in 2020, despite the outbreak of COVID-19, according to ANREV/INREV/NCREIF’s Annual Capital Raising Survey 2021.

The amount raised in 2020 marks an increase from the A$3.08 billion ($2.4 billion) raised in 2019, a positive indicator that, despite the disruption of the COVID-19 pandemic, core Australian real estate not only retained its appeal as an asset class but attracted even more capital than the year before.

Globally, $90.7 billion of capital was raised for nonlisted real estate funds in 2020, representing 60 percent by value of all the capital raised, according to ANREV/INREV/NCREIF’s Annual Capital Raising Survey 2021. This is a much higher share compared to previous years, confirming nonlisted funds’ attractiveness as the most popular route to invest in real estate among investors.

The vast majority of the funds

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.