JLL Hotels - Round Table Lunch Presentation (Aug-24)

APAC I Does dry powder provide any comfort of a recovery? APAC Fundraising & Dry Powder, 2007-1H 2024

Dry Powder breakdown, by strategy

USD Bn

USD Mn

600

80

$69

$6.4

70

$67

Core Plus

$65

500

$62

$523

$503

60

$14.6

$480

$54

Core

400

50

$3.2

$305

$44

$380 $372

$41

$39

$38 $38

$37

300

40

$29

Debt

$31

$29 $31 $31

$29

$278

$276

30

$266

$28.8

200

$233

Opportunistic

$22

$211

$207

$205 $191

$195

20

$190

$186

$180

100

10

Value-Add

$11.0

$35 $31 $6 $13 $10 $12 $20 $14 $15 $18 $30 $33 $30 $31 $44 $35 $19 $6 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 1H 2024

0

0

Jul-24

Capital raised (USD Bn)

Dry powder (USD Bn)

Average Fund Size (USD Mn)

Note: Pertains to closed-end funds focused on Asia and Australasia | Source: JLL Research, Preqin, Q2 2024

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