Research

This is the fifth year that the survey is focused solely on institutional investors and multi managers. The survey attracted responses from 81 participants (76 institutional investors and 5 multi managers) collectively representing over $1 trillion USD of real estate assets under management.

Market Information

The Q3 2024 release of the Global IRR Index release monitors 390 closed end funds across vintages from pre-2001 to 2022. The IRR of the Post-2019 group improves the most in Q3 but remains negative.

Standards

This is the 6th Review of Investor Reporting Trends survey, which is based on self-assessments submitted by 16 managers during the summer of 2024 on behalf of 22 vehicles.
 

Market Information

The Q3 2024 ANREV ODCE Asset Level Performance Report posted a total return of 0.66%. The report measures the asset level returns of 239 investments owned by 8 ODCE funds valued at US$19.33 billion as of Q3 2024.

Market Information

The GREFI All Funds Index turned positive in Q3 2024, delivering a total return of 0.38%. This publication features 436 funds with a total GAV of USD 891.93 billion. 

Market Information

The IRR Quarterly Index Q3 2024 features 74 closed-end funds across vintages from pre-2005 to 2022. The IRR Index measures performance of value-added and opportunistic non-listed closed end funds investing in Asia Pacific.

Market Information

Performance of Asia Pacific funds turned positive in Q3 2024, delivering a total return of 0.90%. The Q3 2024 sample of the ANREV Quarterly Index includes 77 funds with a total GAV of US$141.6 billion.

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.24% in November 2024. The ACOE includes 17 funds with a total GAV of AUD 112.89 billion.

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

Market Information

The Q3 2024 Global ODCE reported a net total return of 1.99%, marking the first positive performance since Q2 2022. The seventh edition of the index consists of 49 funds with a combined gross asset value of US$ 350.3 billion.
 

Market Information

The ANREV Australia Farmland Index provides financial performance of 63 different properties of market value over AUD 2.2 billion in farmland.

ANREV Australia Farmland Index returned -1.25% on a 12-month rolling basis in Q3 2024.

On an annualized rolling return basis, the income return was at 2.41% in Q3 2024.

Capital growth was at -3.59% in Q3 2024 on a 12-month rolling basis.

Others

The 2025 ANREV Performance Measurement and Research publication calendar is now available.

Market Information

The Q3 2024 ANREV ODCE (Open End Diversified Core Equity) Fund Index delivered a net total return of 5.92%. The index features 8 funds with a total GAV of US$21.5 billion.