Market Information

Performance of Asia Pacific funds slid to -2.83% in Q2 2024, marking the fifth consecutive quarter of negative performance. The Q2 2024 sample of the ANREV Quarterly Index includes 78 funds with a total GAV of US$139.4 billion.

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.26% in August 2024. The ACOE includes 17 funds with a total GAV of AUD 114.18 billion.

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

Research

ANREV, INREV and NCREIF are excited to release the first global comparison of the Total Global Expense Ratio (TGER). The study includes the TGER for 46 funds out of the 49 funds included in the Global ODCE Index.

Market Information

The Q2 2024 Global ODCE reported a net total return of -0.97%, marking the eighth consecutive quarter of negative performance. The sixth edition of the index consists of 49 funds with a combined gross asset value of US$ 349.7 billion.
 

Market Information

The ANREV Australia Farmland Index provides financial performance of 61 different properties of market value over AUD 2.2 billion in farmland.

Others

Over the last years, the business model of institutional funds of funds managers has been changing, with a notable shift towards more diverse investment portfolios. The shift away from predominantly fund investing leaves ‘funds of funds’ terminology no longer fit for purpose when it comes to capturing this investor segment. As of 2024, INREV’s and ANREV’s Funds of Funds Study and Funds of Funds Universe have been renamed to Multi Manager Study and Multi Manager Investment Solutions Universe, respectively. 

Others

The Q2 2024 ANREV ODCE (Open End Diversified Core Equity) Fund Index delivered a net total return of -2.43%. The index features 8 funds with a total GAV of US$20.6 billion.

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