ANREV, INREV and NCREIF present the thirteenth edition of the Global ODCE (open end diversified core equity) fund index, consisting of 49 funds with a combined total gross asset value of USD 350.9 billion.

Key highlights:

• The Global ODCE fund index delivered a net total return of 1.06% in Q1 2026, up 64 bps from 0.42% posted in the previous quarter.
• European ODCE funds outperformed the other regions, with a total return of 1.28%, followed by the US with 1.04%, then Asia Pacific with 0.85%.
• Capital growth turned positive, posting 0.31% in Q1 up 64 bps from the previous quarter, driving the overall increase in the total return. The accrual-based income return remained unchanged from Q4, delivering 0.75%.

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