Australian asset managers’ total real estate assets under management (AUM) stood at A$330 billion ($214 billion) in 2024, up 18.1 percent from the A$279 billion ($tk billion) recorded in 2023, according to the latest Fund Manager Survey by industry associations ANREV, INREV and NCREIF. The survey collates and explores the real estate AUM of fund managers globally. While some changes in the sample are observed from year to year, mixed performance is observed as some of the managers who participated in last year’s survey experienced a minor decrease in their real estate AUM.
Nonetheless, Charter Hall retained top position as Australia’s largest real estate fund manager by AUM globally, and widening the gap of its lead in AUM totalling A$83 billion ($tk billion) in 2024. Among the largest five managers, there is some reshuffling as Lendlease Investment Management climbed to second position with a reported AUM of A$50 billion ($tk billion), bringing Dexus to third place wit
