Advances in virtual and augmented reality technology are finding applications in numerous areas of the real estate industry. This article will highlight some of the areas where immersive technology is already having an impact.

If members have any questions, or require a more detailed explanation of any of the points referenced in this note, please contact the ANREV Technology and Innovation Working Group at the following e-mail address: [email protected]

ANREV has launched the tenth release of the ANREV ODCE Asset Level Performance Consultation Report.

The ANREV Asset Level Performance Report is not an index as the coverage is limited to assets held by 8 funds with a pan Asia core open end strategy.

The ANREV Asset Level Performance Report results are based on asset level data that is provided to ANREV directly from managers. Data collection starts immediately after a quarter has ended for a period of up to 6 weeks after quarter end.

Please provide feedback and comments to Justin Wong or Amélie Delaunay.

The twelfth gross return report shows a 3-month total gross return of 2.70% for the period between April and June 2022.
 
The gross return report is a supplementary report to the ANREV Australia Core Open End Fund Monthly Index (ACOE) published one month after every quarter showing aggregated gross returns of the 19 ACOE funds.

Please contact Daisy Huang, Justin Wong, or Donald Lam if you have any questions regarding the Index.

• Funds of funds AUM rose to at least US$59.7 billion globally end of 2021
• As a group, funds of funds delivered a record-high total return of 12.4% in 2021
• Large, open end core vehicles with a global strategy dominate the funds of funds market segment

The performance data presented in this report is not intended to serve as a benchmark and should be used for research and information purposes only.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 1.33% in June 2022. The ACOE includes 19 funds with a total GAV of AUD 128.58 billion.

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

Please contact Daisy Huang, Justin Wong, or Donald Lam if you have any questions regarding the Index.

The tenth consultation release of the Global IRR Index includes 344 funds with non-core strategies, comprising of 299 value added and 45 opportunity funds.

Key highlights:

• This Global IRR Index release features 77 Asia Pacific, 115 European and 152 US funds
• Funds with a first closing in 2020 recorded an average IRR of 16.5% in Q1 2022
• Amongst the single year vintages, only funds with a first closing in 2010, 2013 and 2018 outperformed the 2020 group
• With an average IRR of 18.7%, US funds launched between 2008-2010 posted the strongest performance in the Q1 2022 Index

ANREV has launched the Q1 2022 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

The Q1 2022 sample of the ANREV IRR index includes 77 funds.

We welcome any questions or comments - please email Daisy Huang or Justin Wong.