Welcome to the September 2018 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 Q2 2018.

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 GREFI All Funds Index delivered a Q2 total return of 2.10%, down from 2.15% previously, according to the latest release of the Global Real Estate Fund Index (GREFI) 

Key highlights:

• Total returns for Asia Pacific, European and US funds remains above 2% for the third quarter
• Asia Pacific outperformed Europe and the US with a total return of 2.25% over Q2
• Non-core funds outperformed core posting a Q2 return of 2.48% compared with 2.31% of Q1

Please send any queries to [email protected] or [email protected].

Core funds outperformed Non-core funds in Q2 2018

• The ANREV All Funds index returned 2.25% up from 2.17% in Q1 2018
• Core funds overperformed value added and opportunistic returning 2.62% compared with returns of 2.28% and -1.00% respectively

Data contributions were received from 95 funds with a total gross asset value of US$131.4 billion. 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.

If you have any questions about the ANREV Index or want to take part in this industry-led initiative, please contact Amélie Delaunay at [email protected]

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.45% in Aug 2018. The ACOE includes 19 funds with a total GAV of AUD 103.18 billion.

Please contact Amélie Delaunay at [email protected] or Ricky Cheng at [email protected] if you have any questions regarding the Index.

ANREV has launched the third release of the ANREV Pan Asia Open-End Diversified Core Fund Index (ODCI).

Please provide feedback and comments to Ricky Cheng at [email protected] or Amélie Delaunay at [email protected]

ANREV has published a guide for the ANREV Australia Core Open End Fund Monthly Index (ACOE) to allow members to better understand the ANREV ACOE.

The ANREV ACOE Guide explains the history, management, inclusion criteria and calculation methodology of the index. It also contains the 2018 publication schedule of ANREV ACOE.

Should you have any questions, please contact [email protected]

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.34% in Jul 2018. The ACOE includes 19 funds with a total GAV of AUD 102.81 billion.

Please contact Amélie Delaunay at [email protected] or Ricky Cheng at [email protected] if you have any questions regarding the Index.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 1.92% in Jun 2018 and a financial year to date return of 11.75% illustrating the strong performance of the Australian market. The ACOE currently includes 19 funds with a total GAV of AUD 102.05 billion.

Please contact Amélie Delaunay at [email protected] or Ricky Cheng at [email protected] if you have any questions regarding the Index.

ANREV is launching an historical data collection project to extend the history of the quarterly index back in time.

ANREV is seeking to collect performance data since inception of all funds part of the quarterly index and also to extend the coverage of the index.

For more information please contact the ANREV team at [email protected]

This is the fifth annual report on the analysis of the ANREV Quarterly Index to assess the risk-adjusted performance and diversification benefits of Asia-Pacific non-listed real estate funds over 2010-2017. Differences are seen in the performance of specific non-listed real estate strategies, relating to style, country, regions, sectors and structure. This clearly highlights the performance and benefits of Asia-Pacific non-listed real estate in the Asia-Pacific real estate investment landscape.

For further information concerning this ANREV report, contact ANREV at [email protected].

Welcome to the June 2018 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 Q1 2018.

The GREFI 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 Q1 2018 GREFI release includes the performance of 518 funds compared to 520 funds as of Q4 2017. The GREFI includes funds in Asia Pacific (95), Europe (320), US (90) as well as funds with global strategies (13). GREFI funds represent US$736.1 billion of total gross asset value with 44% in US funds, 35% in Europe, 18% in Asia Pacific and the remaining 3% in global strategy funds.

Please send any queries to [email protected] or [email protected]