The performance of the INREV Quarterly Fund Index stood at 0.59% in Q3, down from 0.91% a quarter earlier. The capital growth turned negative to -0.16%, after only one quarter of positive results (0.09% in Q2).
The Q3 2024 release includes 307 funds with a combined GAV of €294.1 billion.
Key highlights:
- Core funds outperformed with the Q3 total return of 0.69%
- Residential funds delivered the strongest returns among single sector specialists, with a 2.28% return, followed by industrial / logistics (0.95%). The office funds’ performance turned negative this quarter, with a -1.95% total return
- Dutch and UK focused funds recorded their best quarterly performance in nine quarters with 2.88% and 1.28%, respectively. At -0.35%, the Germany focused funds recorded the worst performance since Q4 2008
View detailed analysis via the Index Analysis Tool or download the report, Excel and snapshots below.
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.