ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Asia Pacific Property Funds Step Up Disposals: CBRE

Hong-Kong-Skyline-at-Night

Asia Pacific focused private equity real estate funds disposed of 310 assets valued at a total of US$25.5 billion in 2015 which is 37% higher than the five-year average of US$18.7 billion, according to CBRE research.

CBRE said that fund managers were most active in Japan, with the country accounting for 51% of the total assets sold via funds.

Australia was the second most active market with 24% of fund dispositions followed by China with 9%.

CBRE said the office and retail sectors accounted for the bulk of sold assets with over 80% of the disposals.

Of the 50 funds CBRE estimated to expire in 2015 and 2016, 49% extended their fund life and 24% are still reviewing their exit strategies. Only 22% of the funds terminated as planned.

Among the remaining assets for sale, there are 430 properties which remain to be disposed from real estate funds.

ADVERTISEMENT
TOP STORIES
CONTRIBUTE TO THE CONVERSATION
Show Comments
advertise with us
The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Connect your business with business and reach out to our partnerships team today.
Article originally posted at: https://https://theurbandeveloper.com/articles/asia-pacific-property-funds