INREV/ANREV/PREA survey – paved with good intentions
The Investment Intentions Survey 2016 from INREV, ANREV and PREA shows that investors expect to commit a minimum of €48 billion to real estate globally this year, a 13 percent increase on 2015. The continued appetite for real estate is attributed to international investors’ ongoing quest for long-term income, diversification and inflation-hedging benefits.
The principal findings from the survey, which received responses from 130 investors, 15 funds of funds and 200 fund managers, with a combined total AUM of nearly €2 trillion, are:
• The average target allocation to real estate over the next two years will be 10.3 percent, 90 basis points higher than the average current allocation of 9.4 percent. Regional variances on target allocation were evident: 11.4 percent for European investors; 9.8 percent for Asia Pacific investors; and 9.0 percent for North American investors. 53.3 percent of all investors expect to increase their allocations to real estate over the