The ANREV IRR Index measures the since inception internal rate of return performance of Asia Pacific closed end non-listed real estate vehicles. Performance is measured net of fees and costs and is computed on both a pooled return basis and an equally weighted basis. Performance is disclosed by vintage years.

The Index only includes value added and opportunity closed end funds. Styles are self-defined by the manager. The performance calculation follows methodology disclosed in the Performance Measurement Module of the INREV Guidelines.

IRR, TVPI, DPI and RVPI are calculated since-inception to the latest quarter published, based on reporting currency of sample funds. Upper quartile, median and lower quartile of IRR, TVPI, DPI and RVPI are calculated separately. Therefore, the sum of the same quartile values of DPI and RVPI will not necessarily equal to corresponding quartile value of TVPI.

The IRR was launched in October 2017 and is published 14 weeks after quarter end.

  • ANREV has launched the Q2 2020 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    The Q2 2020 sample of the ANREV IRR index includes 79 funds. 

    We welcome any questions or comments - please email Daisy Huang or Kip Kong.

    ANREV IRR Q2 2020PDF
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    ANREV IRR Q2 2020 SnapshotPDF
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  • ANREV has launched the Q1 2020 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 2020 sample of the ANREV IRR index includes 79 funds. 4 new funds were added this quarter.

    We welcome any questions or comments - please email Daisy Huang or Kip Kong.

    ANREV IRR Index - Q1 2020PDF
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  • ANREV, INREV and NCREIF have released the first Global IRR index providing data on the performance of value added and opportunity closed end non-listed real estate funds in Asia Pacific, Europe and the US.

    The webinar discussed the relationship between ANREV, INREV and NCREIF, and provide an overview of the new index.

    Panelists:

    Amelie Delaunay - ANREV
    Dan Dierking - NCREIF
    Henri Vuong - INREV
    Joe D'Alessandro - NCREIF

    This index is a consultation index and we would like to encourage the industry to provide feedback @Amelie Delaunay.

    [Recording] NEW Global IRR Index Launch WebinarPDF
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  • ANREV has launched the Q4 2019 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    The Q4 2019 sample of the ANREV IRR index includes 62 funds.

    We welcome any questions or comments - please email Daisy Huang or Kip Kong.

    ANREV IRR Index - Q4 2019PDF
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  • ANREV has launched the Q3 2019 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    The Q3 2019 sample of the ANREV IRR index includes 72 funds.

    We welcome any questions or comments - please email Daisy Huang or Kip Kong.

    ANREV IRR Index - Q3 2019PDF
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  • ANREV has launched the Q2 2019 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    The Q2 2019 sample of the ANREV IRR index includes 70 funds.

    We welcome any questions or comments - please email Daisy Huang or Kip Kong.

    ANREV IRR Index - Q2 2019PDF
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  • ANREV has launched the Q1 2019 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    3 funds were unable to provide data this quarter,  resulting of a total of 68 funds.

    We welcome any questions or comments - please email Daisy Huang or Kip Kong.

    ANREV IRR Index - Q1 2019PDF
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  • ANREV has launched the Q4 2018 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    Several funds were unable to provide data due to auditing constraints,  resulting of a total of 63 funds.

    We welcome any questions or comments - please email [email protected]

    ANREV IRR Index - Q4 2018PDF
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  • ANREV has launched the Q3 2018 IRR Index by vintage. The IRR Index measures performance of value added and opportunistic non-listed closed end funds investing in Asia Pacific.

    With the on-going Historical Data Project, the total number of funds qualified to be included in the IRR Index has increased by 7 funds in Q3 compared with Q2 2018,  resulting of a total of 71 funds.

    We welcome any questions or comments - please email [email protected]

    ANREV IRR Index - Q3 2018PDF
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  • ANREV has launched the fifth release of the IRR by vintage index. The ANREV IRR/Investment Multiple Index (The IRR Index) measures performance of value added and opportunistic non-listed closed end funds focused in Asia Pacific.

    We welcome any questions or comments - please email [email protected]

    ANREV Net IRR and Net Investment Multiple Index - Q2 2018PDF
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