Webinar Slides and Recording

Investment Intentions Presentation Singapore

ANREV is pleased to present the results of the Investment Intentions Survey 2024 with a specific focus on non-listed real estate funds. The survey was conducted in conjunction with the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the Pension Real Estate Association (PREA). By joining the forces of all three organizations, the survey is able to present a truly global view on expected trends and investment intentions within the real estate industry. This is the sixteenth edition of the regional survey which attracted 90 respondents: 85 investors (94%), and 5 funds of funds managers (6%).

Chapter 1 explores global real estate allocations, providing insight into investment trends globally and is based on the full sample of respondents. This is a common section that can also be found in the INREV and PREA 2024 Investment Intentions reports.

Chapter 2 focus on the Asia Pacific real estate market, including insights on preferred structures, markets, sectors, styles and trends. This chapter is based only on those investors and fund of fund managers who are already investing in the Asia Pacific market or intend to do so in the next two years.

Investment Intentions Presentation Slides

The Q3 2023 ANREV ODCE Asset Level Performance Consultation Report posted a total return of 0.34%, comprised of -0.70% capital growth and 1.04% income return. Slightly improving from the previous quarter’s returns of 0.13%. The report measures the asset level returns of 221 investments owned by 8 ODCE funds valued at US$19.68 billion as of Q3 2023.

Due to its limited coverage this report is not considered as an index. The report's results are generated based on the asset level data provided to ANREV directly from the contributing 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 Amélie Delaunay, Daisy Huang or Eileen Chiu.

This Global IRR Index consultation release monitors 381 closed end funds across vintages from pre-2001 to 2022. All of these 381 funds follow a non-core strategy as defined by their managers and include 333 value added and 48 opportunistic funds.

Key highlights:

• This release of the Global IRR Index features 70 Asia Pacific funds, 145 European and 166 funds focused on the USA.
• The two strongest vintage groups are still represented by funds launched before 2001 and between 2011-2013. They posted average IRRs of 14.7% and 14.2%, respectively.
• The post 2019 vintage group with funds launched in the years before the current downturn delivered the lowest performance with an equally weighted IRR of -1.8%.
• The best performing vintage group continues to be the USA’s 2008-2010 cohort which has delivered an equally weighted IRR of 18.7%.

The Global Internal Rate of Return (IRR) Index is jointly produced by INREV, ANREV and NCREIF to measure the IRR performance of closed end non-listed real estate vehicles since inception on a global scale.

For any queries please contact Amélie Delaunay, Daisy Huang, or Eileen Chiu.

This webinar was successfully held on Wednesday, 17 January 2024.

At this session, Mr. John Williams, President, Chief Operating Officer, and Chief Investment Officer at Avanath Capital Management discussed the nature of regulated affordable housing in the U.S., how it differentiates from free-market multifamily investments, what defines the sector’s opportunities and challenges, and the outlook for investment. 

The eighteenth gross return report shows a 3-month total gross return of -3.14% for the period between October and December 2023.
 
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 17 ACOE funds.

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