Institutional investors in Asia Pacific remain under-allocated to commercial real estate relative to their global peers, even as investors continue to look for opportunities to deploy capital, according to the 2026 Investment Intentions Survey, published by ANREV, INREV and PREA. While global real estate allocations are broadly in line with targets, Asia Pacific continues to have the largest shortfall, reflecting challenges in sourcing opportunities, achieving scale, and heightened competition from other asset classes.
Despite this underallocation, which has widened by 160 basis points since last year, sentiment toward Asia Pacific remains positive. The majority of regional investors intend to increase their real estate allocations, underscoring the region’s position as a key growth market and an essential source of diversification for global portfolios. In contrast, investors in Europe and North America remain cautious, with many expected to ma
