Real estate investment managers consolidate power
Every year, Institutional Real Estate, Inc teams up with Property Funds Research to survey managers from around the globe for a Global Investment Managers report. We survey them on their assets under management, how many vehicles they have, where they invest most around the world, and so forth.
This year’s survey showed that the amount of capital flowing to the real estate asset class has continued to increase year-on-year, as reflected by the growth in aggregate total real estate assets under management reported by the 208 firms in the Global Investment Managers 2015 survey. Last year’s survey saw the 2013 total grow by 10 percent over that of 2012, and the total this year has risen by an additional 16 percent, growing from the 2013 total of €1.55 trillion to €2.05 trillion in 2014.
The Blackstone Group and Brookfield Asset Management continue their rivalry for the top spot. In the 2012 survey, Brookfield held the number one position. Last year, Blackstone mov