Market Information

Performance of the Asia Pacific All Funds Index remained in negative territory, posting a total return of -1.71% in Q1 2024.

Opportunity funds posted the only positive total returns of 0.52%, outperforming both core and value-added funds which reported -1.75% and -2.22% respectively.

Market Information

The fifth edition of the Global ODCE Index again saw negative performance continuing across Asia Pacific, Europe and the USA. The Q1 2024 release reported a net total return of -2.35% featuring 49 funds with a combined GAV of US$ 355.8 billion.

Research

At the end of 2023, the total global real estate assets under management (AUM) reached a record of US$4.1 trillion. The total AUM of the top 10 managers exceeded US$2.1 trillion.

Market Information

The Q1 2024 ANREV ODCE (Open End Diversified Core Equity) Fund Index results were released on 29 May 2024 and posted a net total return of -3.90%, down 773 bps from 3.83% posted in Q4 2023.

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of -0.05% in April 2024. The ACOE includes 17 funds with a total GAV of AUD 116.88 billion.

Research

ANREV, INREV and NCREIF are pleased to present the latest in a series of quarterly snapshots of what’s happening in the global real estate investment market.

Market Information

The annual performance of Asia Pacific funds slid into negative territory in 2023, posting a total return -4.08%. The 2023 annual index represents 78 funds with a total GAV of US$148.1 billion.

Research

This year's survey attracted the participation of 83 fund managers from 19 countries across Asia Pacific, Europe and North American with a minimum of US$129 billion of new equity raised for investments into non-listed real estate.

Market Information

The Q4 2023 release of the Global IRR Index monitors a sample of 381 closed end funds across vintages from pre-2001 to 2022. The IRR of funds in the Post 2019 cohort declined by 718 bps to -8.96%, from -1.78% in Q3. The downturn is mainly driven by USA focused funds.
 

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of -1.90% in March 2024. The ACOE includes 17 funds with a total GAV of AUD 117.06 billion.

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

 

Market Information

The Q4 2023 ANREV ODCE Asset Level Performance Consultation Report posted a total return of 0.33%. The report measures the asset level returns of 240 investments owned by 8 ODCE funds valued at US$19.57 billion as of Q4 2023.

Market Information

The IRR Quarterly Index Q4 2023 features 69 closed-end funds across vintages from pre-2005 to 2018. The IRR Index measures performance of value-added and opportunistic non-listed closed end funds investing in Asia Pacific.