Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.18% in July 2024. The ACOE includes 17 funds with a total GAV of AUD 114.34 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.

Standards

The INREV DDQ was updated in January 2023. New version reflects the feedback received from INREV members during a two-month consultation period.

To help with the transition to the new DDQ, an implementation kit and detailed guidance notes (updated July 2024) for completing the DDQ are available. This support is designed to streamline your due diligence process and ensure clarity and thoroughness in your responses, ultimately facilitating better communication with investors.

Market Information

The Q1 2024 ANREV ODCE Asset Level Performance Consultation Report posted a total return of 0.85%. The report measures the asset level returns of 243 investments owned by 8 ODCE funds valued at US$19.20 billion as of Q1 2024.

Market Information

The Q1 2024 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 further by 171 bps to -10.67%, from -8.96% in Q4 but at a slower pace compared

Market Information

The IRR Quarterly Index Q1 2024 features 72 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.

Market Information

The GREFI All Funds Index delivered a local currency total return of -1.29% in Q1 2024 and was negative for the seventh consecutive quarter. This publication features 425 funds with a total GAV of USD 910.21 billion. 

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.21% in May 2024. The ACOE includes 17 funds with a total GAV of AUD 116.77 billion.

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.