The Global Investor 100
We have reached that much-anticipated juncture of the year when PERE reveals property’s 100 biggest capitalizers, which collectively have just short of $1.5 trillion invested in the sector.
And 2021’s ranking yields some interesting talking points. First up is that sovereign wealth fund Abu Dhabi Investment Authority (ADIA), which has had a stranglehold
on the number one spot since PERE first publishing the ranking back in 2011, has been nudged down to third place. APG now sits proudly atop the summit having seen the
value of its real estate holdings rise in the last year by $12.4 billion to $60.12 billion. ADIA’s, by contrast, has fallen by $13.4 billion.
ADIA’s reversal of fortunes is, however, largely an anomaly among the ranking’s top ten – seven of the institutions in that premier segment have enjoyed growth in the value of their
allocations to the sector, which is admirable given the covid backdrop they have been operating in. Indeed, the top 10 investors account for almost a third of the GI 100’s total commitments.
The other noteworthy take away this year is that Europe has overtaken North America as the GI 100’s regional heavyweight. Collectively, investors headquartered in Europe increased their total allocations by 18.4 percent while those stateside saw their share fall by 5.7 percent. Asia-Pacific investors also had a successful 12 months with their total allocations growing by 15.4 percent.
Take a deep dive into the report for more of the headline numbers and insight into the trends that have been shaping investment strategies over the last year.
For the full ranking, click here.