This year’s sample of total real estate assets under management (AUM) increased to €2.4 trillion, up 20.1% from €2.0 trillion in 2015. Overall, the 10 largest fund managers represent 38.0% of the total AUM, down from 41.0% last year.
With €143.2 billion of total real estate assets under management, The Blackstone Group tops the list in the 2016 survey. Brookfield Asset Management ranks second overall with €140.5 billion of total real estate AUM. PGIM, Inc occupies the third position with €115.5 billion of global real estate AUM.
For European strategies, AXA Investment Managers – Real Assets is in top position with €58.1 billion of real estate assets under management. The second and third slots are filled by CBRE Global Investors and Aviva Investors, with AUM of €45.3 billion and €43.3 billion respectively.
Source : INREV