Home / News / INREV News / German spezialfonds’ performance turned positive in Q4

German spezialfonds’ performance turned positive in Q4

 LinkedIn   email   

The Q4 2024 performance of the INREV German Vehicles Index increased to 0.12%, up from 0.03% in Q3 2024. The driver of the increase was the performance of spezialfonds which after four consecutive quarters of negative performance turned positive at 0.20%. This release includes 199 vehicles with a combined GAV of €186.6 billion as at the end of Q4 2024. 

Key highlights: 

  • Spezialfonds outperformed Publikumsfonds after eigh consecutive quarters of underperforming, with 0.20% and 0.07%, respectively.
  • The funds focused on Europe excluding Germany continued to outperform the other geographies in Q4 2024.
  • At -0.07%, the Germany focused funds confirmed the negative momentum.
  • All single sector specialist funds delivered positive results with residential outperforming in Q4 2024 (0.30%). Retail focused funds saw the largest change in Q4 with an increase of 117 bps to 0.21%. 

View a detailed analysis via the German Vehicles Index Analysis Tool or download the report, Excel and snapshots below. 

Interested in more data-related updates from INREV? Check out our new page shining a spotlight on 'A wealth of data at your fingertips'.

German Vehicles Quarterly Index  

Last updated on 25 Feb 2025

The INREV German Vehicles Quarterly Index covers the performance of non-listed real estate vehicles domiciled in Germany on a quarterly basis.

The All German Vehicles Quarterly Index can be further broken down by style, country, structure, legal structure and sector.