The gross return report shows a 3-month total gross return of 2.04% for the period between July and September 2025.
 
The gross return report is a supplementary report to the ANREV Australia Core Open End Fund Monthly Index (ACOE) published one month after every quarter showing aggregated gross returns of the 17 ACOE funds.

Please contact Daisy Huang and Christy Lau if you have any questions regarding the Index.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 1.20% in September 2025. The ACOE includes 17 funds with a total GAV of AUD 114.76 billion.

The ACOE Index also reports data on geographic allocation by sector.

Please contact Daisy Huang or Karen Yeung, or Christy Lau if you have any questions regarding the Index.

This report seeks to provide ANREV members with a perspective of the private real estate market landscape, illuminating the case for having an APAC real estate allocation within global investor portfolios. It examines the case for fundamental growth drivers, diversification benefits, unique market opportunities as well as showing how the region has improved in the context of transparency, governance, liquidity and sustainability. The ANREV Research Committee’s perspective for the publication is to support strategic decision-making for investors, developers, and other stakeholders.