AUM up 12% for top 5 Singapore property funds targeting Asia-Pac

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.

CapitaLand Limited topped 2018 APAC and Singapore rankings with US$55.9 billion in APAC AUM, while logistics g…