CapitaLand tops ranking of Asia Pacific managers with highest total real estate assets under management

CapitaLand has topped the ranking of Asia Pacific managers with the highest total real estate assets under management (AUM) again, according to the latest 2018 Fund Manager Survey jointly conducted by the Asian Association for Investors in Non-Listed Real Estate Vehicles Limited (ANREV), the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) and the National Council of Real Estate Investment Fiduciaries (NCREIF) in the United States. 

Mr Lim Ming Yan, President & Group CEO of CapitaLand Group, said: “We are pleased to top the ANREV/INREV/NCREIF Fund Manager Survey ranking of Asia Pacific managers with the highest total real estate assets under management (AUM) every year since the survey was launched in 2015. This reaffirms CapitaLand’s status as a dominant real estate player. As at 31 March 2018, CapitaLand owns and manages a global portfolio worth S$91 billion, comprising integrated developments, shopping malls, serviced residences, offices, homes, real estate investment trusts (REITs) and funds. We target to grow our total group AUM to S$100 billion by 2020 through real estate investments and by leveraging our best-in-class global operating platforms across retail, lodging and commercial."

He added: "We also look to further grow our private fund management platform to leverage our core competencies alongside like-minded third-party capital providers. Our funds management business provides an important source of recurring fee income to the Group and a capital efficient way to grow our AUM. In March 2018, we announced the US$130 million CapitaLand Vietnam Commercial Value-Added Fund. This brings our AUM across our five listed REITs and 16 private vehicles to S$51.9 billion and we are on track to achieve the target set in 2015 to grow another S$10 billion AUM in our private fund business by 2020.”

Read more on the survey on ANREV's website and INREV's website.