European assets show positive performance across all main sectors

The INREV European Quarterly Asset Level Index recorded a total return of 1.81% in Q4 2024 (+9 bps q-on-q), marking the highest performance in ten quarters. Capital growth stood at 0.77% and its one-year rolling return stood at 0.85%.

Key highlights:

• Dutch assets continued to lead Q4 2024 returns at 2.77%, with the residential sector outperforming at 3.33%, while industrial/logistics delivered 2.33%.
• UK assets remained stable at 1.88%, supported by positive capital growth and a turnaround in office sector returns to 0.48%.
• In France, total returns improved to 1.46%, driven by a strong industrial/logistics performance of 2.48%.
• German assets remained in positive territory at 0.35%, despite a decline from Q3, with industrial/logistics at 2.49% helping offset weaker office performance at -1.15%.
• Residential assets still lead as the top-performing sector, delivering a return of 2.53%, led by Dutch assets and supported by capital growth of 1.73%.
• The industrial/logistics sector followed with a total return of 2.36%, while retail assets achieved  1.78%. Meanwhile, the office sector continued its timid positive performance for a second quarter in a row, recording a 0.35% return. 

To provide deeper insights into asset-level performance across Europe, the Asset Level Index has been enhanced with new outputs to offer investment managers, multi-managers, and investor members a more detailed view of performance drivers.

INREV is calling for members to join this important initiative.

If you would like to schedule a demo of the Asset Level Index Analysis tool or have questions about this index, contact Jeanne Besner or visit the Asset Level Index page.

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