Asia property funds of funds struggle to perform
The relative weakness contrasts with the robustness of the Asia-Pacific region's underlying real estate market and the solid performance of global real estate funds of funds.
![Asia property funds of funds struggle to perform](https://cdn.i.haymarketmedia.asia/?n=finance-asia%2Fcontent%2FJakarta%20Indonesia%20real%20estate.jpg&c=1&h=677&q=100&v=20253707&w=1204)
Real estate funds of funds targeting Asia Pacific fared significantly less well than those focused on other markets last year, even as capital continued to pour into Asian property and local rents continued to rise.
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