Total assets under management (AUM) of global real estate investment managers rose by 11% in 2020 to reach €3.3 trillion ($4.1 trillion), despite the challenges of the global pandemic, said a study.

According to an annual fund manager survey by NCREIF, INREV and ANREV, non-listed real estate assets accounted for roughly $3.4 trillion, or 83% of that total.

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