The Q1 2024 performance of the INREV German Vehicles Index improved slightly to 0.13%, up from 0.05% in Q4 2023. Capital growth improved by 60 bps to -0.37% at the end of Q1 2024.
This release includes 206 funds with a combined GAV of €192.1 billion as at the end of Q1 2024.
Key highlights:
- After reporting the first negative performance in over ten years in Q4 2023, Spezialfonds delivered another quarter of negative returns in Q1 2024 (-0.29%).
- At 0.19%, Europe excluding Germany focused funds outperformed all other geographical strategies tracked by the Index for the first time since Q4 2012.
- At 0.40%, retail focused funds included in the INREV German Vehicles Index outperformed the other single sector specialists for the first time since Q3 2017.
- After being the best performing single sector in Q4 (0.23%), industrial/logistics slid into negative in Q1, posting a -0.10% total return.
View a detailed analysis via the German Vehicles Index Analysis Tool or download the report, Excel and snapshots below.
German Vehicles Quarterly Index
Last updated on 28 Aug 2024
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.