Market Information

The Q2 2025 release of the Global IRR Index release monitors 411 closed end funds across vintages from pre-2001 to 2022. The IRR for the 2022 vintage year improved the most, from 2.10% to 6.84%, in Q2 2025.

Market Information

The IRR Quarterly Index Q2 2025 features 74 closed-end funds across vintages from pre-2005 to 2022. The IRR Index measures performance of value-added and opportunistic non-listed closed end funds investing in Asia Pacific.

Market Information

The GREFI All Funds Index was positive for the fourth consecutive quarter in Q2 2025, delivering total returns of 1.01%, up 7 bps from 0.94% posted in Q1. This publication features 436 funds with a total GAV of USD 903.64 billion. 

Market Information

Performance of Asia Pacific funds remained positive in Q2 2025, delivering a total return of 1.91%. The Q2 2025 sample of the ANREV Quarterly Index includes 79 funds with a total GAV of US$142.8 billion.

Market Information

The Q2 2025 ANREV ODCE Asset Level Performance Report posted a total return of 1.18%. The report measures the asset level returns of 243 investments owned by 8 ODCE funds valued at US$19.21 billion as of Q2 2025.

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.31% in August 2025. The ACOE includes 17 funds with a total GAV of AUD 114.35 billion.

Market Information

The ANREV Australia Farmland Index provides financial performance of 58 different properties of market value over AUD 2.08 billion in farmland.

Market Information

The Global ODCE reported a net total return of 2.17% in Q2 2025. The tenth edition of the index consists of 48 funds with a combined gross asset value of US$ 347.3 billion.
 

Market Information

The Q2 2025 ANREV ODCE (Open End Diversified Core Equity) Fund Index delivered a net total return of 5.47%. The index features 8 funds with a total GAV of US$21.0 billion.

Market Information

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.37% in July 2025. The ACOE includes 17 funds with a total GAV of AUD 114.13 billion.

Sustainability

ANREV Sustainability Committee and APG Asset Management invited investment managers to a series of round table discussions, the first of which was hosted in Hong Kong on 28th of May. 

Research

ANREV, INREV and NCREIF are pleased to present the latest in a series of quarterly snapshots of what’s happening in the global real estate investment market.