It is an index showing the performance of non-listed real estate funds on a global scale and is created by ANREV, INREV and NCREIF. This publication includes the performance figures up to Q4 2014.

The GREFI was updated for the first time on a quarterly basis following the first quarterly release of the ANREV Index for Q1 2014. From Q1 2014 onwards, the GREFI has been updated 12 weeks after the quarter end. This index release follows the same structure of
the previous release. The technical specification has also updated and all numbers are also available in Excel.

The GREFI release includes the performance of 345 funds compared to 372 funds at the end of 2013. This difference is due to the lower number of funds delivering data in Europe and Asia.

Please send your feedback on this consultation release to [email protected].