• ANREV’s All Funds Index returned 3.61% in Q2 2021, up from 1.42% in Q1 2021.

• All Style returns improved in Q2 2021.

• Core funds outperformed value added and opportunity funds with returns of 3.77% versus 2.89% and 2.51% respectively.

Data contributions were received from 89 funds with a total gross asset value of US$150.0 billion. Further detail of the sub-indices which cover fund style and various geographies can be found in the full report.

We would like to thank all the companies that supported the data collection exercise and look forward to your continued support in the next round of data collection.

If you have any questions about the ANREV Index or want to take part in this industry-led initiative, please contact Daisy Huang or Justin Wong.

In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q2 2021. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

For any questions, please contact Amélie Delaunay.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.37% in August 2021. The ACOE includes 19 funds with a total GAV of AUD 118.62 billion.

The ACOE Index also reports data on geographic allocation by sectors.

Please contact Justin Wong or Daisy Huang if you have any questions regarding the Index.

The ANREV Australia Farmland Index provides financial performance of 40 different properties of market value over $1.2 billion in farmland.

ANREV Australia Farmland Index returned 15.07% on a 12 month rolling basis in Q2 2021.

On an annualized rolling return basis, the income return was at 5.33% in Q2 2021.

Capital growth was at 9.36% in Q2 2021 on a 12 month rolling basis.

We would like to thank all the managers for their data contribution.

If you have any questions about the Index, please contact Daisy Huang or Justin Wong.

The Q2 2021 ANREV ODCE Fund Index - Open End Diversified Core Equity (ODCE) results were released on 1 September 2021 and showed a total return of 2.76% for 8 funds. One more fund is joining the ANREV ODCE Fund index in Q2 2021.

Please provide feedback and comments to Justin Wong or Amélie Delaunay.

ANREV is pleased to present the results of its fourth Fund Termination Study with a specific focus on the preferred termination options and associated issues among Asia Pacific non-listed real estate funds. 

The survey was conducted between July and August 2021 through an online questionnaire. We received participation from 16 fund managers managing 22 non-listed real estate funds in Asia Pacific with a combined gross asset value (GAV) of US$8.2 billion.