AUM up 12% for top 5 Singapore property funds targeting Asia-Pac
CapitaLand topped APAC, S'pore rankings with US$55.9b; GLP, Mapletree in 2nd and 3rd spots respectively
Singapore
THE top five Singapore real estate fund managers recorded US$141.4 billion in assets under management (AUM) dedicated for Asia-Pacific (APAC) strategies in 2018, 12.22 per cent higher than the US$126 billion recorded in 2017.
This makes up almost one-quarter (24.12 per cent) of the US$586.2 billion total APAC real estate AUM, according to a fund manager survey by three real estate industry associations.
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