Publications

Global Index Q3 2019 update release, January 2020

08 Jan 2020

Welcome to the January 2020 update of the Global Real Estate Fund Index (GREFI). It is an index showing the performance of non-listed real estate funds on a global basis and is created by ANREV, INREV and NCREIF. This publication includes performance figures up to end of Q3 2019.

The GREFI All Funds Index was updated for the first time on a quarterly basis following the second quarterly release of the ANREV Index for Q1 2014. From Q1 2014 onwards, GREFI has been updated 12 weeks after the quarter end. This index release follows the same structure of previous releases. All numbers are also available in an Excel file.

The history of the Global Real Estate Fund Index (GREFI) has been extended to Q1 2005, now offering almost 15 years of performance across all regions. 

The GREFI All Funds Index return showed a slight increase over Q3 2019 with a total return of 1.39% compared with 1.31% recorded over Q2, according to the latest release of the Global Real Estate Fund Index (GREFI).

Key highlights:

  • Global strategy funds take the lead, outperforming European, US and Asia Pacific funds
  • Non-core funds outperformed core funds with returns of 1.74% and 1.33% respectively

From Q3 2018 edition onward, the GREFI Index will no longer include US closed end value added funds (NPI - CEVA Index)

Please send any queries to daisy.huang@anrev.org , kip.kong@anrev.org or amelie.delaunay@anrev.org.

Download:

Global Real Estate Fund Index Q3 2019 [PDF]
Global Real Estate Fund Index Q3 2019 [xlsx]
Global Real Estate Fund Index Q3 2019 - Snapshot [PDF]