Asia real estate vehicles tap demand from pension funds

Multi-billion dollar demand for Asian real estate investments has boosted the fund raising efforts of global managers such as Prudential and CLSA.  But while Asia’s non-listed real estate vehicles association, Anrev confirms that pan-Asia core funds are the hot ticket, a lack of core assets means that there is room for value-added funds, two of which have raised around $1.5 billion in the last few weeks.  Anrev released a survey this week highlighting the rising prominence of c…