Asian investors ready to up the ante for real estate
Investors are likely to see more forks than ever clashing over the global real estate pie, as some 60 percent of Asian investors expect to take a bigger slice in the coming years, targeting an average increase in real estate allocation from 9.8 percent to 11.0 percent. That is the conclusion of a global Investment Intentions survey jointly published by industry associations ANREV, INREV and PREA.
Add to that the recent Ascent of Real Assets survey from BlackRock, which reported that 20 percent of Asia Pacific respondents plan to increase their real estate allocation by 10 percent or more, compared with 13 percent of EMEA respondents and 1 percent of North American respondents.
Despite regulatory changes for domestic insurers in China and Taiwan opening up cross-border investment, the most popular destinations for survey respondents were all in the Asia Pacific region.
Investors also indicated that they wanted to be more sure-footed in the comin