SANTA BARBARA, California, August 31, 2018 /PRNewswire/ --
Five of the top 10 fund managers use Yardi software
The Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV), in partnership with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the National Council of Real Estate Investment Fiduciaries (NCREIF) recently released its annual Fund Manager Survey results. The report identifies top 10 real estate fund managers lists globally and by geographic region based on total assets under management (AUM).
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The 2018 survey included 162 fund managers representing a total AUM of US$2.8 trillion at the end of 2017, an 11.8% growth over the previous 12 months. Yardi(R) is proud that 50 percent of the top 10 managers listed today use Yardi software. Yardi clients also account for half of the top fund managers found on each of the North American AUM, European AUM and Asia Pacific AUM lists.
"The ANREV/INREV/NCREIF survey provides a valuable annual industry yardstick for global real estate investment," said Robert Teel, senior vice president of global solutions for Yardi. "We're delighted that the 2018 survey demonstrates our clients' trust in Yardi to provide a complete investment management solution [https://www.yardi.com/products/yardi-investment-management/?utm_source=press_release&utm_campaign=anrev ] for real estate asset and fund management, which enables in-depth insight into portfolio performance and accurate, timely investment reporting."
The survey also revealed that pension funds are the most significant source of capital for real estate across all regions, with sovereign wealth funds and insurance companies also being significant sources of capital.
Organization members can access the complete ANREV/INREV/NCREIF Fund Manager Survey 2018 [https://www.anrev.org/en/publications/details/121/661?utm_source=press_release&utm_campaign=anrev ] .
Yardi(R) develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com [https://www.yardi.com/?utm_source=press_release&utm_campaign=anrev ].
ANREV is the Asian association for Investors in Non-listed Real Estate Vehicles. ANREV is Asia Pacific's leading platform for the sharing of knowledge on the non-listed real estate funds sector. Its goal is to improve transparency, professionalism and best practices across the industry, making non-listed real estate funds more accessible and attractive to investors. For more information, visit anrev.org [https://www.anrev.org/en ].
CONTACT: Media Contact: Leah Etling. Yardi Systems Inc., +1-800-866-1144 x1207, Leah.Etling@Yardi.com