The Index (as of Q3 2019) captures the average returns earned by investors on their private capital portfolios, based on the actual amount of money invested in Asia-Pacific by private real estate fund managers. The index figures are derived from fund-level performance data provided to Preqin by both fund managers and LPs, and reported to us net of fees and costs.
Preqin indices are dynamic – when a new quarter is calculated, the percentage change over the preceding quarter is recalculated to include all of the additional data we have been able to obtain.
The Index is capital weighted, meaning larger funds have a larger bearing on the overall percentage changes.
Fund Manager Markets
Capitalisation of Index
Use Preqin market benchmarks to see where a fund stands in a peer group. Select a geographic focus and vintage for comparison and enter net IRR (%) or net multiple (X) to view quartile ranking. For more granular performance data at a fund-level, contact us for a free demo of Preqin Pro.
|Fund||Firm||Vintage||Status||Fund Size (mn)||Firm Location||Net IRR (%)|
|JURIC I||IDERA Capital Management||2013||Liquidated||2,200 JPY||Japan||34.1|
|Gaw NP Capital Vietnam Fund 1||Gaw Capital Partners||2015||Closed||70 USD||Hong Kong||28.5|
|TrustCapital Advisors Australian Office Trust 2||TrustCapital Advisors Investment Management||2013||Liquidated||146 AUD||Singapore||28.0|
|PAG Real Estate Partners||PAG||2015||Closed||1,316 USD||Hong Kong||22.2|
|IIFL Real Estate Fund Series I||IIFL Asset Management||2012||Liquidated||6,600 INR||India||18.9|
|CBRE Asia Value Partners IV||CBRE Global Investors||2016||Closed||1,000 USD||US||50.5|
|ARA Harmony II||ARA Asset Management||2009||Liquidated||125 SGD||Singapore||27.4|
|ZEI Co-Invest 1 Fund||Equity International||2016||Closed||205 USD||US||22.8|
|ESR Japan Logistics Fund II||ESR||2016||Closed||575 USD||Hong Kong||18.2|
|Willis Bond Capital Partners||Willis Bond & Co||2010||Closed||128 NZD||New Zealand||17.8|
|GreenOak Asia II||BentallGreenOak||2014||Closed||655 USD||Japan||38.1|
|Fudo Capital I||CLSA Capital Partners||2005||Liquidated||430 USD||Hong Kong||33.3|
|GreenOak Asia I||BentallGreenOak||2012||Liquidated||260 USD||Japan||32.5|
|North Haven Real Estate Fund IV International||Morgan Stanley||2001||Liquidated||2380 USD||US||31.1|
|LaSalle Asia Opportunity Fund IV||LaSalle Investment Management||2013||Closed||585 USD||US||29.3|
|Lone Star Fund IV||Lone Star Funds||2002||Closed||4,200 USD||US||30.7|
|Starcrest China Real Estate Fund I - Structured Finance Investments||Starcrest Capital Partners||2011||Liquidated||155 USD||Hong Kong||27.0|
|CITIC Capital China Property Fund||CITIC Capital||2005||Liquidated||86 USD||Hong Kong||22.6|
|Aetos Capital Asia||Aetos Capital Real Estate||2003||Liquidated||739 USD||US||19.0|
|IIFL Income Opportunities Fund||IIFL Asset Management||2013||Liquidated||6,280 INR||India||17.0|
Established in 2005, the Asia Pacific Real Estate Association (APREA) is a leading pan-Asia industry association that promotes real estate as an asset class in the Asia Pacific region. The organization represents leading property investors, fund managers, financial institutions, developers and professional groups operating in Asia Pacific. APREA works with governments to open up new real estate markets and improve existing ground rules for doing business. It also champions a more transparent, respected and professional marketplace via its extensive research, industry standards and education programs. APREA’s networking and engagement programs help its members connect to business opportunities in Asia Pacific and beyond. Its members represent more than US$1 trillion of assets under management. APREA’s focus is cross- border investment – both inbound and outbound.
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