Real estate investors are shunning Asia Pacific in anticipation of a North American and European real estate correction, waiting to allocate more capital to those re-priced assets. This is according to a report from Goodwin, KPMG and IQ-EQ Fund Services, which surveyed senior professionals in the APA private equity real estate industry. The report found that despite “very obvious” engines of economic growth in most APAC jurisdictions, global investors are under-allocated to the region. One respondent in the report said: “Europe and North America represent the biggest capital sources but are also the markets that are expected to be the first to see widespread repricing, and so those investors may see more value closer to home.” More on Fund Selector Asia.