The total value of infrastructure assets owned by the world’s 100 largest infrastructure has risen by 11% to reach US$858bn (€771bn), according to the latest IPE Real Assets ranking released today.
Meanwhile, this year’s infrastructure survey, published in conjunction with the top 100 ranking, found that more than half (55%) of institutional investors plan to maintain current target allocations to the asset class and more than one-third (36%) expect to increase targets.
According to this year’s Top 100 Infrastructure Investors report, the aggregate value of infrastructure assets has more than doubled from 2017, when it was US$360bn.
The ranking covers asset owners exclusively – including pension funds, sovereign wealth funds and the balance-sheet holdings of insurance companies – and is based on survey data and publicly available information.
However, the survey suggested that the pace of new investment and capital commitments has been slowing over the past three years. In 2022, more than half of investors expected to invest more in infrastructure than they did in 2021. But in 2023 and 2024, those investors expecting to invest more became the minority group.
This year, 27% of investors expected to invest more in the coming 12 months, while 24% expected to invest less and 49% expected to invest the same amount.
A preview of the survey findings was revealed at last week’s IPE Real Assets Infrastructure & Natural Capital Global Conference in Munich.
See here for the full survey results and analysis, and case studies with individual investors.
To read the latest IPE Real Assets magazine click here.