The most senior investors and investment managers in Asia Pacific nonlisted real estate have expressed a strong intention to increase their allocations to China and South Korea, while at the same time decreasing allocations to Australia and Japan, according to an ANREV sentiment survey of 15 of its senior members on market sentiment amid COVID-19.
Conducted in May and June 2020, the findings come as investors and managers are looking at their portfolios again in light of the COVID-19 crisis. Of the respondents, 75 percent said they are revising their investment plan compared to a month earlier, but appetite for Asia Pacific real estate continues to look robust, as 70 percent of respondents said they were confident about increasing their weighting to the sector in Asia Pacific this year.
The most notable shift, however, comes in intended investment destination. The most favored locations among investors and managers to increase allocations are China and South Korea, wit
