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CapitaLand tops for Asia-Pacific real estate assets under management with US$55.9b

CapitaLand tops for Asia-Pacific real estate assets under management with US$55.9b.

SINGAPORE - Singapore-listed CapitaLand has the biggest real estate assets under management (AUM) in the Asia-Pacific even as the region moved to grab a larger share of the global pie.

Asia-Pacific (APAC) recorded US$588.8 billion in total real estate AUM in 2018, accounting for 18.4 per cent of US$3.2 trillion real estate AUM globally, up from 16.9 per cent in 2017,  according to a fund manager survey by three real estate industry associations

CapitaLand led 2018 APAC rankings with US$55.9 billion (S$77.96 billion) in AUM, while Singapore-based logistics group GLP was second with US$36.3 billion, with Singapore's Mapletree in third spot with US$28.3 billion.

Source: https://www.straitstimes.com/business/property/capitaland-tops-asia-pacific-with-us559b-of-real-esate-assets-under-management-as

Adapted from The Straits Times 23 May 2019