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 2021 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 2021 sample of the ANREV IRR index includes 80 funds.

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

    ANREV IRR Q2 2021PDF
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    ANREV IRR Q2 2021 Excel SupplementXLSX
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    ANREV IRR Q2 2021 SnapshotPDF
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    ANREV IRR Q2 2021 Snapshot Excel SupplementXLSX
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  • ANREV has launched the Q1 2021 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 2021 sample of the ANREV IRR index includes 80 funds.

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

    ANREV IRR Q1 2021PDF
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    ANREV IRR Q1 2021 SnapshotPDF
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    ANREV IRR Q1 2021 Snapshot Excel SupplementXLSX
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  • ANREV has launched the Q4 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 Q4 2020 sample of the ANREV IRR index includes 77 funds. 

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

    ANREV IRR Q4 2020PDF
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    ANREV IRR Q4 2020 SnapshotPDF
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    ANREV IRR Q4 2020 Snapshot Excel SupplementXLSX
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  • ANREV has launched the Q3 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 Q3 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 Q3 2020 SnapshotPDF
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    ANREV IRR Q3 2020PDF
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  • 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
    Download
    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
    Download