• Global Real Estate Fund Index (GREFI) shows the performance of non-listed real estate funds on a global scale and is created by ANREV, INREV and NCREIF. This publication includes the performance figures up to Q3 2014.

    The GREFI consists of 369 funds in Q3 2014. The total gross asset value of all funds is $496.1 billion.

    Please send your feedback on this consultation release to [email protected].

    Global Index Q3 2014 update release, December 2014PDF
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  • Data contributions were received from 94 funds with a total gross asset value of US$87.7 billion. The All Asia Index headline return was 2.2% in local currency for Q2 2014 compared with 2.2% in Q1 2014.

    Further detail of the sub-indices which cover fund style and various geographies can be found in the full report.

    We would like to thank all the companies that supported the data collection exercise and look forward to your continued support in the next round of data collection in October.

    To participate in the ANREV Index, please contact Amélie Delaunay at [email protected] or Henry Lam at [email protected] to take part in this industry-led initiative or if you have any questions about the ANREV Index.

    ANREV Quarterly Index Q2, 2014PDF
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  • Global Real Estate Fund Index (GREFI) shows the performance of non-listed real estate funds on a global scale and is created by ANREV, INREV and NCREIF. This publication includes the performance figures up to Q2 2014.

    The GREFI consists of 376 funds in Q2 2014. The total gross asset value of all funds is $419.7 billion.

    Please send your feedback on this consultation release to [email protected].

    Global Index Q2 2014 update release, September 2014PDF
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  • For the first time ANREV is collecting quarterly data, compared to bi-annual data collection of quarterly data previously.

    Data contributions were received from 92 funds with a total gross asset value of US$83.3 billion. The All Asia Index headline return was 2.1% in local currency for Q1 2014 compared with 2.6% in Q4 2013.

    Further detail of the sub-indices which cover fund style and various geographies can be found in the full report.

    We would like to thank all the companies that supported the data collection exercise and look forward to your continued support in the next round of data collection in July.

    To participate in the ANREV Index, please contact Amélie Delaunay at [email protected] or Henry Lam at [email protected] to take part in this industry-led initiative or if you have any questions about the ANREV Index.

     

    ANREV Quarterly Index Q1, 2014PDF
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  • Global Real Estate Fund Index (GREFI) shows the performance of non-listed real estate funds on a global scale and is created by ANREV, INREV and NCREIF. This publication includes the performance figures up to Q1 2014.

    The GREFI consists of 372 funds in Q1 2014. The total gross asset value of all funds is $460.8 billion.

    Please send your feedback on this consultation release to [email protected].

     

    GLOBAL INDEX Q1 2014 update release, July 2014PDF
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  • The 2013 full year results of the ANREV Annual Index show that Asia Pacific non-listed real estate funds performance has improved compared to 2012. The headline returns for the “All Funds” index show an overall return of 9.2%, an increase from 7.7% in 2012. The ANREV Annual Index 2013 included participation of 91 funds with a total gross asset value of US$87 billion.

    The increased sample size also allowed ANREV to publish sub-indices on structure and sector for the first time. The structure sub indices shows that open end funds outperformed closed end funds in 2013, which was not the case in 2012. And single sector funds outperformed multi sector funds in 2013.

    In terms of geographies, single country funds in Japan and China were strong performers compared to multi country funds. Japanese non-listed real estate funds recovered after a negative return in 2012 to return 9.4% in 2013.

     

    ANREV Annual Index 2013 - EnglishPDF
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  • Data contributions were received from 93 funds with a total gross asset value of US$81.9 billion. The All Asia Index headline return was 2.6% in local currency for Q4 2013 compared with 2.5% in Q4 2012. Further detail of the sub-indices which cover fund style and various geographies can be found in the full report.
     

    ANREV Quarterly Index Q4, 2013 - EnglishPDF
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  • Global Real Estate Fund Index (GREFI) shows the performance of non-listed real estate funds on a global scale and is created by ANREV, INREV and NCREIF. This publication includes the performance figures up to Q4 2013.

    The GREFI has passed the hurdle of 400 funds and stood at 426 funds at the end of 2013 compared with 363 in Q2 2013. The total gross asset value of all funds has grown from $420 billion to $474 billion.

    Please send your feedback on this consultation release to [email protected]. As the INREV and ANREV quarterly indices are still unfrozen historical figures from the GREFI might change in future updates.

    Global Consultation Release Update, April 2014 - EnglishPDF
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  • THE CONSULTATION RELEASE OF THE GLOBAL REAL ESTATE FUND INDEX IS NOW AVAILABLE FOR MEMBER FEEDBACK.   

    The index jointly produced by INREV, ANREV and NCREIF measures the performance of non-listed real estate vehicles on a global scale.

    All members are encouraged to provide feedback to ensure the final Index, which will be launched in April 2014, is as comprehensive and useful as possible.

    Why a Global Real Estate Fund Index? 
    This important initiative aims to improve transparency of real estate as an asset class and to help our members make more informed investment decisions. It is vital as an industry that we work towards being able to make robust global and intra-regional comparisons. 

    What does the results of the consultation index show? 
    Initial results show improved rates of return across all three markets in 2013. Highlights include: 
    Positive total global returns of 7.64% annualised over three years. Average one-year total returns stand at 5.82% fuelled by strong returns in the US (11.33%) and Asia (8.64%), with Europe lagging behind (0.47%).

    • Average returns increased during the first two quarters of 2013 reflecting improved market condition.  
    • In Q2 2013 returns in Europe reached a two-year high of 0.73%, the largest percentage return since Q2 2011 (0.85%).
    • The 363 participating global funds have a combined gross asset value of $420bn (Asia - $75.3bn, Europe - $184.9bn, US - $160.2bn). 

    This consultation release is for members only. Please login if you do not see the downloads below.

    CONTACT 

    Please send feedback to [email protected] 

    Global index - consultation paper (Full report in English)PDF
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  • 2013 ANREV Quarterly Index Q2 - EnglishPDF
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