ANREV, INREV and NCREIF present the ninth edition of the Global ODCE (Open End Diversified Core Equity) Fund Index, consisting of 48 funds with a combined total gross asset value of US$ 343.9 billion. 

Key highlights include: 

• The Q1 2025 Global ODCE fund index posted a net total return of 1.34%, up from -2.10% posted in the previous quarter.

• The Asia Pacific ODCE funds outperformed the other regions posting total returns of 1.68%, followed by Europe with 1.50%, then the US with 0.85%.

• Capital growth recovered to 0.53%, up from -2.89% posted in the previous quarter, while the accrual-based income return was slightly up by 2 bps at 0.81%.

 Please contact Daisy Huang or Eileen Chiu should you have any questions regarding the index.