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.

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