ANREV, INREV and NCREIF present the tenth 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$347.3 billion.

Key highlights:

• The Global ODCE fund index delivered a net total return of 2.17% in Q2 2025, up 82 bps from the previous quarter.
• The Asia Pacific ODCE funds outperformed the other regions, posting total returns of 5.47%, followed by the US with 0.81%, then Europe with 0.22%.
• Capital growth remained positive at 1.38%, up from 0.54% posted in Q1 2025. While the accrual-based income return was slightly down by 2 bps, delivering 0.79%

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