The Q4 2022 INREV Quarterly Fund Index saw performance decrease to -6.19% from -1.25% in Q3.
The Q4 2022 release includes 284 funds with a combined GAV of €287.5 billion.
Key highlights:
- Capital growth fell by a further five percentage points in the last three months of 2022 to -7.24% from -2.01% in Q3.
- The total return of open end funds decreased to -6.15% in Q4 from -1.31% a quarter earlier and just surpassed the -6.42% Q4 performance of closed end funds
- Value add funds produced total returns of -3.56% in Q4 2022. For the second consecutive quarter they outperformed core funds which returned -6.35% over the same period.
- Industrial & logistics specialist funds reported a decline in capital value growth to -13.17% from -5.20% in Q3 resulting in total returns of -12.11%.
- UK funds experienced their worst ever quarterly performance as capital values decreased by -13.61% in Q4.
View detailed analysis via the Index Analysis Tool or download the report, Excel and snapshots below
downloads
INREV Quarterly Index
Last updated on 19 Nov 2024
The INREV Index is a performance index for European non-listed real estate funds investing 90% or more in Europe. The information for the quarterly goes back to Q2 2000. The Quarterly Index is published 8 weeks after the end of the quarter, and reports are available in PDF format. The reports cover the performance of non-listed funds in Euro, USD, GBP, JPY, AUD and in Local Currency and are available for members only, please login to download.